CMCCommunity Spotlight ✨ Litecoin's analysis of how it is the Future of Global Payments 🚀 litecoin Crypto CoinMarketCap CMC CMCY $LTC
The digital payments landscape is powerful - there’s no denying it. Growth in the awareness of cryptocurrencies is exploding, and with that comes mass adoption. According to Business Insider, cryptocurrency adoption has increased 881% in 2021. With the Metaverse, NFTs and government sentiment crowding headlines, the real-world use case for cryptocurrency - and its use for payments - has gone under-reported. While Litecoin, its awareness, use and adoption, continues to grow.
Greater evidence of growth can be seen in Litecoin's adoption by global crypto payments processors. BitPay, for instance - the leader in global crypto payments - reports Litecoin as their second most transacted asset. Almost twice that of Ethereum, the third place contender. After only a few months of BitPay supporting Litecoin, it now accounts forof all BitPay’s transactions.
Litecoin’s permission less functionality allows any merchant, or person, on earth to accept it as a form of payment. With millions of people now being onboarded to Litecoin via innumerable emerging fintech and crypto specific platforms, and some more traditional institutions, we expect Litecoin's growth trajectory to not just continue, but for the curve to rise even sharper.
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