WhatsApp has launched a pilot project that allows “a limited number of people” in the US to send and receive stablecoins directly in the conversation window.
The new functionality is provided by the Novi wallet, which was launched in test mode six weeks ago. Payments will be made in Pax Dollar (USDP), a stablecoin from Paxos pegged to the dollar.
According to the statement, sending a payment works the same as sending any application (photo, GIF, video) in a WhatsApp conversation. You just need to click on the attachment icon at the bottom of the chat and select “payments” in the pop-up window.
Novi representatives note that transactions within the application are free, there is no limit on their number and volume, and there are no fees for withdrawals.
Subscribe to ForkNews in Telegram to keep up to date with news from world of cryptocurrencies
According to www.theverge.com
You May Also Like
50% of Bitcoin transactions are paired with Tether
Tether (USDT) maintains leadership in the stablecoin market. Almost half of Bitcoin transactions are paired with USDT.
David Marcus: Novi wallet has been licensed in several states
Facebook's head of blockchain and fintech, David Marcus, spoke about the process of working on the Novi wallet.
