Walmart today announced a partnership with Litecoin , allowing clients to pay for goods using the cryptocurrency. "By integrating Litecoin, we will enable shoppers to experience a very smooth checkout experience with near-instant transaction confirmation," said Walmart's CEO Doug McMillon. "Starting October 1st, all eCommerce stores will have implemented a 'Pay with Litecoin Option.'" Litecoin is a code source fork of Bitcoin . Its founder Charlie Lee did, however, make minor adjustments to the code, optimizing Litecoin for faster transactions. It was launched in 2011. At press time, the cryptocurrency is up 6.6% in the past hour, according to CoinGecko .