The Litecoin number (LTC) transactions have bounced to more than 140,000 in recent days after falling near the 100,000 mark in early October. Three days before, the Litecoin Foundation tweeted on the launch of its Visa LTC debit card, powered by fintech firm Unbanked.
According to the card's homepage, potential customers would first sign up for a Litecoin card account, deposit LTC to a specific wallet address, write a check to meet their customer, and receive a virtual Litecoin card. The service claims that the registration process takes less than five minutes.
The Litecoin card is intended to allow users to spend their LTC at all digital merchants that use Visa as their payment processor, a number from the Litecoin Foundation. Dear be around 50 million.
The next day, the Litecoin Foundation issued another cheep on Verifone's partnership with BitPay. Verifone is one of the world's largest point-of-sale payment processors, facilitating close to $ 440 billion each year in annual transactions. BitPay is a cryptocurrency payment processor driving more than 60,000 consumer transactions each month with Bitcoin (BTC), Ethereum (ETH), LTC and more.
Litecoin thrown out in 2011 with the stated goal of becoming "the silver of Bitcoin's gold." based on data From Cryptwerk, there are now 3,111 companies worldwide that accept LTC directly as payment, up from 2,230 in the same period last year. The digital currency trader acceptance it is currently a little less than half that of Bitcoin.
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