Feb. 11 at 11:47 PM
$LITS - Unsure why Litecoin is not considered the sole ALT stable-coin in the crypto ecosystem. As a pioneering "alt-coin" launched in 2011 to be a faster, cheaper alternative to Bitcoin, Litecoin is often known as "the silver to Bitcoin's gold," using a different hashing algorithm and has faster transaction times.
JP Morgan, BlackRock and Goldman Sachs’s should team up to propose a new innovative solution to the U.S. banks with using Litecoin as collateral for loans. U.S. financial institutions may be able to purchase large quantities of Litecoin at today prices.
Innovate the financial system by permitting American customers and companies to deposit Litecoin as collateral to borrow USDC which can then be used to earn yield. Only in America! 🇺🇸
Treat Litecoin as another valuable asset.