Processor review
Speed review
Hosted Lightning payment platform with BTC, USDT, and USDC support. Tether-backed; powers high-profile US merchants.
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Hosted Lightning checkout with stablecoin support.
Hosting
hosted
Custody
custodial
Fiat settlement
Yes
Fees
Variable — verify on Speed's pricing page before integrating.
Who Speed is for
- Merchants
- Creators
- stablecoin-merchant
Who it's not for
- Self-custody seekers
Ecommerce plugins
Speed ships plugins or first-class integrations for: Shopify, WooCommerce, API for custom.
Pros and cons
Pros
- Lightning checkout with native USDT and USDC support — useful for stablecoin-comfortable merchants
- Powers high-profile US merchant deployments (Steak 'n Shake's 393-location Bitcoin rollout runs on Speed)
- Tether-led $8M funding round (December 2025) signals continued investment
- Polished merchant UX and dashboard
Cons
- Custodial — funds held by Speed until withdrawal
- Verify country availability and current fee schedule at signup; stablecoin-on-Lightning compliance varies by region
Setup overview
TODO: hands-on test with a real signup, real test transaction, and a documented deployment for the relevant case (self-hosted Docker for BTCPay, dashboard signup for hosted processors). Until then, treat the comparison data as the source of truth and consult the provider's docs for the latest setup steps.
Verdict
Hosted Lightning payment platform with BTC, USDT, and USDC support. Tether-backed; powers high-profile US merchants. Use Speed when you need a hosted processor and the trade-offs above align with your operation.
FAQ
Is Speed self-hosted or hosted? +
Speed is hosted. The provider runs the Lightning infrastructure for you. Expect a transaction fee and, in most cases, KYC.
Does Speed settle to fiat? +
Yes, Speed can settle payments to a fiat currency. This removes Bitcoin price volatility from your day-to-day accounting.
What does Speed charge? +
Variable — verify on Speed's pricing page before integrating. Always verify current fees on the provider's pricing page before integrating.