Coinbase, a leading cryptocurrency exchange in the United States, has recently progressed in the digital payments arena by incorporating the Bitcoin Lightning Network into its services.

This development enables Coinbase users to conduct Bitcoin (CRYPTO:BTC) transactions instantaneously and at a reduced cost.

The announcement on Tuesday highlighted that the integration of the Lightning Network is in line with Coinbase's objective to enhance the efficiency and cost-effectiveness of Bitcoin transfers.

This represents a significant advancement for the company within the digital payments sector, showcasing their commitment to improving user experience and transaction capabilities on their platform.