WhatsApp Launches Cryptocurrency payments pilot in the US, DREAMS ARE GETTING STITCHED TOGETHER.
1 min read
WhatsApp has launched a new pilot that lets a “limited number” of people in the US send and receive money from within a chat using cryptocurrency. The feature is powered by Novi, Meta’s digital wallet that launched as a pilot six weeks ago, with payments made using Pax Dollars (USDP), a stablecoin pegged to the US dollar issued by Paxos. The news was announced by Novi’s incoming head Stephane Kasriel and WhatsApp’s Will Cathcart.
The new pilot has its roots in Facebook’s (now Meta’s) much-hyped cryptocurrency plans, which were officially announced in 2019.
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