WhatsApp Launches Cryptocurrency Payments In The US

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WhatsApp, in partnership with the Novi digital wallet, will allow users to receive and send money based on cryptocurrencies in the United States. The program, however, will be limited to a small number of people, announced this Wednesday (8) the CEO of Novi Stephane Kasriel.

According to Kasriel, a pilot program was started “just six weeks ago” so that companies could “test and learn which features and functionality are most important to people.” The idea, says the CEO, is to expand the possibility of transfer to more countries based on user feedback.

He also reinforces that using Novi for transfers on WhatsApp does not change the messenger’s privacy policies for messages or calls, for example. Recently, WhatsApp made available to all users a keyboard shortcut so that the function can be found faster.

Novi, however, is already a household name on Facebook. Developed specifically for cryptocurrencies, the digital wallet would be the “home” of Diem, an asset that was previously called “Libra” and which caused controversy in the financial market. The new transfers are based on the Pax (USDP), a stable currency pegged to the US dollar.