Strike In Argentina, One Month Later: What Happened And What Is It Good For?
A month ago, with fanfare, Strike launched its App to the Argentinian market. A country facing ever-increasing inflation and an app that promises access to Bitcoin, “the best monetary network in human history.” The match seemed undeniable. However, an underwhelming first version of the app mixed with questionable technology usage tainted Strike’s launch. Less than […]
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Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be held in the form of USDT, with no option for storing bitcoin, at least at launch.
Strike Brings Stablecoin Integration to Argentinians
Strike, a popular bitcoin-based wallet, has launched in Argentina, bringing a new way for Argentinians to store their....
Strike wallet is one of the leading financial platforms in Argentina that provides an easy Bitcoin payment transaction through Lighting Network. In addition, the platform incorporates a Bitcoin network, allowing users to perform worldwide payment rails. For these transactions to be successful, payments on the Strike platform are exchanged for BTC. The transactions move forward […]
“The best monetary network in human history is here, it's open, and will disrupt the world quicker than anyone thinks. Open networks win,” said Strike CEO Jack Mallers. Strike’s digital wallet has become the fifth most popular finance app in Argentina within a week of its launch.The firm, led by hoodie-wearing CEO Jack Mallers, rolled out its crypto payment services for the Argentinian market on Jan 12. Strike is famed for enabling Bitcoin (BTC) payments via the Lightning network, particularly in El Salvador. However, according to local media and user reports, the firm’s app in Argentina....
The Lightning payments app’s launch in the South American country was received with some confusion.
The South American country’s citizens now have access to a cash balance that can be used to save or transfer money without permission.