2 years ago
The cryptocurrency speech and integer wallet supplier Lemon Cash is partnering with OpenNode to alteration Bitcoin Lightning payments for its 1 cardinal customers.
- OpenNode partners with Lemon Cash to bring the Lightning Network to implicit 1 cardinal Argentines.
- Lemon Cash is simply a LATAM fintech institution well-known for its integer wallet and cryptocurrency speech which volition statesman supporting Lightning.
- Argentina has seen a 12-month rolling play of implicit 60% ostentation and ranks 10th globally successful adoption of cryptocurrencies, by country.
More than 1 million Argentines will soon person entree to Bitcoin’s Lightning Network connected the Lemon Cash integer wallet done a concern with bitcoin payments infrastructure institution OpenNode, per a associated press release.
Lemon Cash is simply a fintech institution based successful Argentina and is mostly known for being a cryptocurrency speech and besides for operating the aforementioned integer wallet. The institution serves good implicit 1 cardinal customers successful the Latin American (LATAM) region. This integration volition let each of these customers to facilitate transfers of worth connected Bitcoin with low-fees and accelerated colony times done Lightning.
"Introducing the Lightning Network to much than 1 cardinal users successful concern with OpenNode volition beryllium a immense measurement towards our main goal: to marque crypto much usable and accessible successful LATAM," Lemon Cash co-founder Borja Martel Seward said.
LATAM has a higher level of concentrated adoption of bitcoin and different cryptocurrencies than astir regions, but Argentina itself ranks 10th globally successful a study from on-chain analytics steadfast Chainalysis. Countries with heightened levels of ostentation are much prone to trust connected bitcoin arsenic a store of value, which is besides the lawsuit for Argentina arsenic Reuters reported a rolling 12-month play of implicit 60% inflation.
“This concern is yet different illustration of our capableness and content successful Bitcoin arsenic the caller basal furniture for planetary payments," says Josh Held, caput of strategy astatine OpenNode. "We're arrogant to enactment Lemon's mission, its tendency to standard and payment its customers and yet the maturation of the Bitcoin system successful Latin America and beyond."
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