Bitcoin mining company Marathon Digital is seeking to collaborate with blockchain developers to build a Bitcoin L2 cross-border payment solution. Julian Duran, the company's sidechain product manager, revealed this information at the Bitcoin 2024 conference on July 26.

Duran stated that cross-border payments are "the biggest use case for blockchain, especially Bitcoin." He pointed out that in emerging markets, the average cost of overseas remittances is 8% to 10% of the transaction value, and settlement typically takes 3-4 days. In contrast, Bitcoin transfers are typically completed within 10 minutes, and second-layer solutions may be even faster.

Marathon is also focusing on the tokenization of real-world assets (RWA), having already begun plans to tokenize whiskey barrels in the United States and partnering with an RWA platform to protect a French castle.

It is worth noting that Marathon is one of the largest holders of Bitcoin among enterprises, with a Bitcoin reserve of about 20,000 coins worth over $1 billion. In July alone, the company purchased about $100 million worth of Bitcoin.