Retail

Walmart to accept payments with cryptocurrencies using litecoin

0


Litecoin

Chris Ratcliffe | Bloomberg | Getty Images

Walmart, the biggest retailer in the U.S., will accept cryptocurrency for payments from shoppers, the company announced in a press release on Monday.

The payments option will utilize litecoin, which jumped more than 20% Monday in reaction to the news.

Litecoin is one of the oldest of the cryptocurrencies, often thought of as a digital silver to bitcoin’s digital gold. Like bitcoin, it’s decentralized and uses the same code, but is faster and cheaper.



Source cnbc.com

0 0 votes
Article Rating

MoneyLion launches crypto investing ahead of planned SPAC deal

Previous article

We have a final opportunity to respond to climate change

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Retail