# Speed is a global payments infrastructure company built on the Bitcoin Lightning Network.

*business · news · 2025-12-31 · Times Now*

## Key points

- Speed has raised $8 million in a round led by Tether and ego death capital.
- Speed has processed over $2.5 billion in real-world Bitcoin payment volume to date.
- Steak ’n Shake has integrated Speed's Lightning payments across multiple in-store and mobile touchpoints.
- Speed Wallet now supports approximately 1.2 million users, doubling user numbers year-over-year.
- Speed plans to scale its compliance infrastructure and expand its Lightning-based developer ecosystem internationally.

**Companies:** Tether, Speed1, Inc.
**Countries:** India, United States

[Read the full story on Times Now](https://www.timesnownews.com/business-economy/markets/made-in-india-speed-raises-8-million-from-tether-and-ego-death-capital-to-expand-lightning-based-bitcoin-and-stablecoin-payments-article-153374185)

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