At a Glance:
- The Litecoin Foundation needed a bank.
- The partnership opens up the potential to offer banking services to other crypto-related companies.
- Also opens up the potential to offer products such as Litecoin debit cards and a reliable fiat source for merchant processing.
- TokenPay previously had a deal to purchase the bank and partnered with the Litecoin Foundation for part of this deal.
- Litecoin Foundation can help TokenPay with tech like the Lightning Network.
By now, you