Lemon Cash, a non-custodial crypto wallet and payment platform, has announced an extension of its partnership with Polygon. The move aims to increase the adoption of cryptocurrencies and the blockchain technology in Latin America. The collaboration between the two companies began in March 2021, and the extension means that Lemon Cash will continue to leverage Polygon’s infrastructure to enhance the speed and efficiency of transactions.
Polygon is a layer-two scaling solution for Ethereum that allows for faster and cheaper transactions on the network. Its scalability and low transaction fees have made it a popular choice for many DeFi projects. Lemon Cash’s partnership with Polygon enables its users to transact with popular cryptocurrencies, including ETH, MATIC, and USDC, among others, at lower fees and faster speeds.
The partnership extension will also see Lemon Cash work with Polygon on other initiatives, including education and community outreach programs. The two companies plan to collaborate on educational content to help onboard new users to the world of crypto and blockchain. Additionally, they will also work on initiatives to increase awareness and adoption of cryptocurrencies in Latin America.
According to Carlos Domingo, CEO of Lemon Cash, the partnership extension will help to address the challenges facing the crypto industry in Latin America. He notes that the region has significant potential for crypto adoption, but there is still a lack of awareness and education about cryptocurrencies. By working with Polygon, Lemon Cash aims to make it easier for people in the region to access and use cryptocurrencies, ultimately driving adoption and growth.
Overall, the extension of the Lemon Cash-Polygon partnership is a positive development for the crypto industry, particularly in Latin America. With the collaboration set to focus on education and community outreach, it is hoped that more people in the region will become familiar with cryptocurrencies and blockchain technology, leading to increased adoption and growth in the industry.