Litecoin surges after the CEO of an American Express-backed crypto startup explains why it’s moving away from bitcoin for smart contracts | Markets Insider

Litecoin rose as much as 15% Tuesday after Abra, a high-profile crypto startup backed by American Express, doubled down on its decision to use litecoin’s smart contracts feature to power the company’s exchange and wallet products.

Source/More: Litecoin surges after the CEO of an American Express-backed crypto startup explains why it’s moving away from bitcoin for smart contracts | Markets Insider