Bitcoin has created a fair few millionaires since it increased in value over the last few years. Erik Finman, a teen bitcoin “millionaire” has launched a full version of the cryptocurrency payment app, “Metal Pay”. With this app, users can send and receive a range of cryptocurrencies.

The metal Pay was a peer-to-peer payment application which now supports various tokens. It also includes Bitcoin and Ether. The app brought in significant investment from Erik Finman. Initially, the app supported its in-house token, Metal(MTL). Finman said the app will bring crypto people just like Facebook Libra. He also said that the application has the potential to destroy Facebook’s crypto, Libra which is yet to go live. The Metal Pay project looks to build an “all-in-one” platform for banking cryptocurrency. The project will not be limited to a cryptocurrency exchange. It will include a bank application and payment transfer systems. Metal Pay was founded just under a year ago and has since processed $11 million in payments. The system saw close to 130,000 users register on its platform, living in 38 states across the US. This accounts for around $1 million a month from 30,000 or so users.

As per the source, the startup has already partnered with Evolve Bank and Trust, based out of Arkansas, to work the way it does.