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There will be no fees associated with transferring or holding, or withdrawing USDP through Novi wallet

WhatsApp launches crypto payments pilot program

Users can send and receive Pax Dollars (USDP), a stablecoin pegged to the U.S. dollar, through Whatsapp

By Arghyadeep Dutta
Published - Dec 09, 2021, 05:00 PM ET
Last Updated - Jun 06, 2024, 02:45 AM EDT

• Users can send and receive Pax Dollars (USDP), a stablecoin pegged to the U.S. dollar, through Whatsapp

• There will be no fees associated with transferring or holding, or withdrawing USDP through Novi wallet 

Facebook, currently known as Meta Platforms Inc’s crypto wallet, Novi, will allow users to send and receive money through the social media giant’s messaging app, WhatsApp.

The pilot program has been launched for a “limited number of people in the United States,” Novi head Stephane Kasriel said in a tweet late on Wednesday.

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