WhatApp is testing the ability to make payments in crypto through Novi Wallet.
In Brief:
Users will be able to make in-app cryptocurrency payments using Meta’s Novi digital wallet.
Some customers in Guatemala and the US are trialling the payment option.
Currently, the US Pax Dollar can be sent – this is a cryptocurrency with value attached to the US dollar, regulated by New York State.
What does this mean?
Meta, a rebranded name of the Facebook group which owns the social media platform as well as Instagram, WhatsApp and more, has recently wound down its cryptocurrency project, LIbra – but says it still aims to use the potential of crypto to include more people in the global financial system.
