Aqua Wallet to Introduce New Latam-Focused Features

Aqua Wallet, a bitcoin and bitcoin L2-based wallet, is undergoing a full refactor to better suit its customers in Latin America (Latam). Utilizing Liquid and Lightning networks, the wallet aims to make bitcoin and token transactions more affordable. This initiative is part of JAN3’s broader strategy to promote bitcoin adoption in both top-down and bottom-up approaches, addressing issues faced by state nations, retail, and individual savers in emerging markets.

JAN3 CEO Samson Mow shared these updates on The Bitcoin Podcast, highlighting a significant acceleration in development following a $5 million seed funding received in January, which allowed the company to double Aqua’s development team.

Mow stated, “We’ve been working on a refactor of the whole UI to make it more beautiful and more streamlined,” emphasizing the rapid pace of development since the capital influx.
He also announced integrations of several payment methods that will enable users in Latam to settle invoices using BTC or Liquid USDT, mentioning the Brazilian fast payment system, Pix, as an example, with more systems expected soon.

Additionally, the Aqua card, a prepaid Visa card that is KYC-free and can be topped up with bitcoin and Liquid USDT, is still under development. Mow remarked, “I think this is the focus now to integrate bitcoin with the legacy system because it is still needed like it’s not gone yet,” underlining the importance of these integrations for their Latam clientele.

Mow concluded, “Our focus has always been on emerging markets, and that’s really why we built Aqua— to provide them the same banking experience as Venmo or PayPal.”