Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

On Monday, January 10, the Argentina-based mobile wallet institution Belo announced that the level has added enactment for the Lightning Network by partnering with the bitcoin outgo processor and infrastructure supplier Opennode. The mobile exertion allows users to commercialized and transact successful pesos and present users tin transact with bitcoin payments going forward.

Belo Partners With Opennode, Introduces Lightning Network Support

Belo, the Argentine mobile wallet exertion founded by Manuel Beaudroit aims to “create a bridge” betwixt the crypto satellite and beingness successful pesos. On Monday, the institution announced it has partnered with the bitcoin (BTC) outgo processor Opennode and the exertion volition enactment the Lightning Network. The Belo exertion is disposable for iOS and Android smartphones and it besides supports ethereum and a fewer stablecoins pegged to the U.S. dollar.

“Our concern with Opennode is incredibly important for our users,” Manuel Beaudroit, the CEO of Belo said successful a statement. “Our extremity is for much and much radical to larn and acquisition the imaginable and payment of cryptocurrencies for mundane life, connected a day-to-day basis, and successful a elemental way. With Belo, users lone request 1 peso to commencement depositing wealth and buying crypto successful a mode that is usable by and accessible to everyone implicit 13, careless of their purchasing power.”

Opennode Executive Looks Forward to ‘Millions of People successful Latin America’ Accessing Bitcoin

Belo wallet launched successful 2020 and Latin American residents person been capable to get crypto assets via the mobile exertion and a Mastercard. The startup’s website insists that anyone supra the property of 13 tin usage the Belo mobile wallet application, and either wage successful pesos oregon cryptocurrencies.

Opennode’s caput of growth, Julie Landrum, explained during the announcement that the institution looks guardant to giving Latin American’s much choices successful finance. “We’re incredibly excited astir Opennode’s integration with the Belo App, arsenic this means millions of radical successful Latin America volition person the quality to transact instantly successful bitcoin, furthering adoption successful a portion wherever bitcoin maturation is exploding,” Landrum remarked.

At the clip of writing, determination is implicit 3,200 BTC locked successful the Lightning Network oregon $136.6 million. The Lightning Network’s full worth locked (TVL) is 36.79% little than it was connected November 8, 2021, erstwhile it reached $216.13 million.

What bash you deliberation astir Belo App partnering with Opennode and integrating the Lightning Network? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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