OpenNode continues its relentless growth and innovation of the Lightning Network through its partnership with blockchain-powered Lemon Cash, an Argentine financial services company best known for its digital wallet and Argentina’s most-downloaded cryptocurrency app. Powered by OpenNode’s industry-leading technology, Lemon Cash customers will soon be able to facilitate Bitcoin transfers in and out of their wallets as well as facilitate payments in Bitcoin by leveraging the low cost and instant settlement of the Lightning Network.
More than one million Argentinians have adopted Lemon Cash with exponential growth expected to continue following its recent entry into the Brazilian market.
“This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments,” says Josh Held, Head of Strategy at OpenNode. “We’re proud to support Lemon’s mission, its desire to scale and benefit its customers and ultimately the growth of the Bitcoin economy in Latin America and beyond.”
Lemon Cash Co-Founder Borja Martel Seward added, “Introducing the Lightning Network to more than one million users in partnership with OpenNode will be a huge step towards our main goal: to make crypto more usable and accessible in LATAM.”
In 2017, OpenNode was the first company to innovate on the Lightning Network, a Bitcoin scaling solution that provides instant and final payment settlement with zero risk of chargeback fraud. OpenNode focuses solely on Bitcoin because it offers the highest level of security and regulatory compliance, whereas other cryptocurrencies remain speculative and non-secure.
For media inquiries, please contact Tim Stuart at (818) 699-8193 or tim(at)opennode(dot)com.
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