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BRD Adds Litecoin as Ideal Cryptocurrency for Payments as Wallet Users Surpass 10 Million | News

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October 8, 2021
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SAN FRANCISCO, Oct. 8, 2021 /PRNewswire-PRWeb/ — BRD, essentially the most safe and first cellular cryptocurrency pockets to be within the App and Google Play shops, as we speak introduced a significant accomplishment because it breaks the ten million person mark. This milestone coincides with BRD being featured as one of many first wallets supported within the newest BitPay and Verifone partnership, exposing crypto as funds to Verifone’s 46 million point-of-sale terminals, in addition to BRD including assist for Litecoin, providing what the corporate views because the oldest and most dependable crypto for funds to its customers.

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The corporate noticed exponential development, already doubling 12 months over 12 months, with expectations that 2021 will probably be a document 12 months for brand spanking new customers and mainstream adoption. Cryptocurrency for funds continues to be largely in demand, particularly for creating international locations world wide. Easy securing, shopping for, promoting, and naturally, sending and receiving, has all the time been BRD’s major focus, which continues to repay.

“BRD’s large development to 10 million customers is a milestone that displays the trade’s core want of crypto as a world fee community,” stated Adam Traidman, Co-founder and CEO of BRD. “We proceed to see a rise in transacting customers in India, Africa, and Latin America as individuals are utilizing BRD for precise funds whether or not it’s as compensation for distant staff or paying for items and providers. It is a key cause why we’re excited so as to add Litecoin, an incredible addition as one of many oldest, most dependable choices for customers to make use of for funds.”

“It is a massive step ahead for Litecoin to be supported in BRD. Mix Litecoin’s mission because the go-to possibility for quick and cheap funds with BRD’s give attention to simplicity and practicality and also you get one thing acquainted and usable to the usually overwhelming crypto person expertise,” stated Charlie Lee, Creator of Litecoin and Managing Director of the Litecoin Basis. “BRD’s clear give attention to ease of use for funds is immediately aligned with Litecoin’s mission because the cryptocurrency for funds.”

One of many largest drivers for cryptocurrency funds is coming from rising geographies like India, Africa, and Latin America. As a longtime tech hub, India not solely makes use of crypto however can be creating expertise to assist the trade. In Latin America, cryptocurrency helps diversify portfolios for these affected by inflation. BRD’s milestone of 10 million customers demonstrates:

  • Continued assist and powerful curiosity for cryptocurrency as a most popular fee possibility
  • Including Litecoin to increase choices for customers to decide on long-term dependable tasks for affordable and quick world funds
  • Adoption of BRD’s B2B product, Blockset, to additional discover payment-focused, freelance payroll providers, and remittance companies, along with present clientele that’s monetary providers and banking

 

With this pockets replace, BRD provides Litecoin assist and is working carefully with the Litecoin Basis to push mainstream adoption of crypto as forex for funds. Litecoin presents quicker transaction occasions and cheaper charges making it a flexible fee possibility and technique of transferring worth wherever on the earth. Accepted at 1000’s of on-line shops, BRD is responding to buyer demand so as to add this cryptocurrency.

Blockset, the B2B product by BRD, is taking a extra aggressive strategy in serving to payment-focused companies, freelance payroll providers, and remittance companies, along with their core clientele which incorporates traditional monetary providers and banking. Cryptocurrency as fee will play an important position in the way forward for world fee as Litecoin and even Bitcoin’s Lightning Community are quickly being adopted in locations like El Salvador, the place bitcoin is now authorized tender.

The BRD app is offered for obtain from the App Store or Google Play. For basic info, please go to https://www.BRD.com.

About BRD

BRD is a world firm that is bringing blockchain-enabled monetary providers to the cellular era with its cellular pockets, BRD, and can be the maker of Blockset, a digital asset infrastructure platform. Launched in 2015, and headquartered in Zurich (Switzerland), BRD is a venture-backed firm that has raised $56M USD from SBI Holdings, Ripple, and different high buyers centered on banking, FinTech, and blockchain expertise. BRD is offered for each iOS and Android in 170 international locations. With over 10 million clients worldwide, the BRD app has collected an estimated $20B USD of crypto property below safety and is without doubt one of the fastest-growing blockchain-enabled finance apps for on a regular basis customers (a High 10 Finance app in 71 international locations).

About Litecoin Basis

The Litecoin Foundation is a non-profit group whose mission is to advance Litecoin for the nice of society by creating and selling state-of-the-art blockchain applied sciences.

Registered in Singapore, the Basis is comprised of full time and volunteer assist from

across the globe. For extra info, go to https://litecoin-foundation.org/

Contact Info:

Spencer Chen, Chief Advertising and marketing Officer

E-mail: spencer.chen@brd.com

Telephone: (650) 200-3231

Michael Rosenblat, Director of Advertising and marketing

E-mail: michael.rosenblat@brd.com

Media Contact

Spencer Chen, BRD, +1 (650) 200-3231, spencer.chen@brd.com

Twitter, Facebook

 

SOURCE BRD





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