Terra vs LITEX vs Crypto.com
What problem does this service solve?
Terra's goal is to make it easier to integrate Crypto payments with existing banking systems. | LiteX aims to create the technology layer that will enable off-chain micro-payments. | Crypto.com aims to provide an all-in-one payment solution for cryptocurrencies. |
Token Stats
Company Description
The Terra blockchain is used to record transactions for its price-stable cryptocurrency. Terra is a South Korean company that is focused on leveraging blockchain to facilitate stablecoin payments for a variety of decentralized apps in Asia. The company has partnered with payment gateways such as CHAI and Meme Pay, to enable users to send blockchain-based payments with direct banking integrations, allowing anyone with a local bank account to instantly send stablecoin payments that are pegged 1:1 with their local currencies. | LITEX is developing a layer 2 technology that will facilitate decentralized payments that can be handled off chain. The LITEX network is currently powered by the Ethereum-based LXT token. | Crypto.com, formerly known as Monaco, is a cryptocurrency payment platform consisting of a wallet and debit card. The Crypto.com wallet App is available on Android and iOS. Their network is powered by the Ethereum-based MCO token. |