Meta (formerly Facebook) has extended the pilot for its Novi digital app to WhatsApp, using a stablecoin to enable participants to send and receive money from within chats, according to Finextra.
Launched six weeks ago, the Novi pilot lets a small number of participants in Guatemala and the US to send money to their contacts internationally instantly, securely and fee-free, says Facebook.
The test uses the Pax Dollar – not the Facebook-backed Dim – for transactions, with Coinbase acting as the custody partner.
Participants had to use a dedicated Novi app but now the pilot is being extended to WhatsApp for a small number of US users, says Stephane Kasriel, who is taking over as Novi head from departing David Marcus.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
