WhatsApp Allows Users in US to Send and Receive Money Without Fees Using USDP Stablecoin

2021-12-10 21:17

WhatsApp has launched a pilot to let a “limited number” of people in the US send and receive money using crypto.

This new feature is powered by Meta’s (previously Facebook) digital wallet Novi that was launched recently, supporting payments with stablecoin Pax Dollars (USDP).

After David Marcus announced his exit early last week, Stephane Kasriel, the new head of Novi, announced on Thursday.

While the Novi plot, when launched six weeks ago, was made available in the US and Guatemala originally, WhatsApp users in Guatemala won’t be able to access the new payments functionality yet.

New in the US: use your @Novi digital wallet to send and receive money right within a @WhatsApp chat. People use WA to coordinate sending money to loved ones, and now Novi will help them do that securely, instantly and with no fees. https://t.co/4wG4t8zwKh

— Will Cathcart (@wcathcart) December 8, 2021

The users can access the feature through the + icon on iOS or the paper clip icon on Android and then select “Payment” from the menu.

According to Novi’s website, it won’t charge any fees for sending or receiving money, keeping a balance in your Novi account, or withdrawing funds to your bank account. Additionally, there is no limit on how often the payments can be sent. Payments are transferred instantly as well.

Payments features won’t affect WhatsApp’s end-to-end encryption either, which is a default for all personal conversations.

“Using Novi doesn’t change the privacy of WhatsApp personal messages and calls, which are always end-to-end encrypted,” said Kasriel.

WhatsApp has already rolled out its payment feature throughout India and Brazil but uses traditional fiat currencies, unlike the US, where payments revolve around Novi and crypto.

The post WhatsApp Allows Users in US to Send and Receive Money Without Fees Using USDP Stablecoin first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Money ($$$) на Currencies.ru

$ 0.0004099 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -2.27 %
Cегодня L: $0.0004099 - H: $0.0004099
Капитализация $18.807k Rank 99999
Доступно / Всего 45.887m $$$

money receive using stablecoin whatsapp launched usdp

Источник: bitcoinexchangeguide.com

money receive → Результатов: 126


Crypto.com Is Now The First Global Crypto Platform To Obtain An EMI License From Malta

Crypto.com has now become the first international cryptocurrency platform to receive an Electronic Money Institution license in Malta. Crypto.com Receives EMI License From The MFSA The crypto exchange announced Thursday in a blog post that it has now been given an EMI license by the Malta Financial Services Authority (MFSA). The hong-kong based exchange has […]

2021-7-8 22:00


Фото:

What Makes DeFi More Disruptive than Bitcoin

The blockchain industry has managed to disrupt financial markets the world over with its transparent operation and ease of understanding. Users can send and/or receive money in the form of cryptocurrency through the system with a distributed network of ledgers that keeps all transactions, contracts and accounts public, leaving no room for mediation or third-partyRead More

2021-3-20 18:30


Multi-Asset Brokerage eToro Launches GoodDollar to Issue Stablecoins as Form of Universal Basic Income

Coinspeaker Multi-Asset Brokerage eToro Launches GoodDollar to Issue Stablecoins as Form of Universal Basic IncomeNamed GoodDollar, eToro's project creates an ongoing money flow of basic income for users and aligns incentives between those in need as well as enables any human alive to receive and support a small daily income in G$ coin.

2020-9-9 09:37


Фото:

U.S. Secret Service to Get $2.4 Billion Funding for Crypto Policing

The U. S. Secret Service could receive up to $2. 4 billion in funding to monitor crypto crimes as part of the White House budget proposal for 2021. Secret Service Monitoring Crypto Money Laundering According to the budget proposal document, the Secret Service will be tasked with monitoring the use of cryptos in money laundering and terroristRead MoreRead More.

2020-2-11 16:00


Bitcoin payroll service Bitwage adds Chilean peso payouts

Bitwage, a service that allows workers to receive bitcoin payments using the direct deposit system, announced today it has added Chilean peso payouts in a new partnership with Satoshi Tango. Now, all freelancers and workers exporting services from Chile to the US, EU or UK are able to receive their money faster and cheaper directly […] CryptoNinjas: Bitcoin payroll service Bitwage adds Chilean peso payouts

2019-12-16 13:29


RippleNet partner InstaReM rebrands to Nium to create world of ‘Open Money’

Cross-border payments provider and RippleNet partner InstaReM has announced its rebranding to become a part of Nium. The official statement highlighted that while the rebrand was part of the strategy since its recent $41m funding round, Nium’s goal is to create a world of ‘Open Money’ which will enable businesses to send, spend and receive money […] The post RippleNet partner InstaReM rebrands to Nium to create world of ‘Open Money’ appeared first on AMBCrypto.

2019-10-29 17:45


Opera browser adds Bitcoin payments to latest Android update

Bitcoin received a major boost from the adoption perspective as Opera browser reportedly added support for BTC payments on the latest version of its Android App. Opera announced on its official blog, that the browser had added a Bitcoin card to the user’s wallet, enabling them to receive and send money to anywhere from the […] The post Opera browser adds Bitcoin payments to latest Android update appeared first on AMBCrypto.

2019-10-22 15:31


Gominer ICO

Gominer Token is a Peer-to-Peer token that has a sophisticated level of security for a multi-functional digital currency and for all future use expansion. The token is created to help our user to interact and expand the way of their earning in Cloud mining.

2019-7-28 17:33


Capitual ICO

With a ready state-of-the-art produced working live platform, Capitual is already bringing crypto-currencies to people in different sectors. With your help, we can popularize crypto-currencies' usage across the whole world! Capitual brings the evolution of crypto-currencies for the rest of us by allowing instant exchange between fiat and crypto-currencies.

2019-6-13 21:03


Ozinex ICO

OZINEX is a global cryptocurrency exchange platform. It will form a new innovative platform to trade Bitcoin, Ethereum, Litecoin, EOS and other popular cryptocurrencies and tokens. Users will receive expert analysis of the current state of coin and token pairs, and they’ll be able to withdraw their money easily and receive alerts for scam cryptocurrencies.

2019-5-22 12:12


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Blockchain Company Paxos Closes New Funding Round Worth $300 Million

Paxos, a blockchain startup with PayPal Holdings as a client, announced the recent conclusion of a Series D fundraising round. According to company CEO Charles Cascarilla, the funding session led by growth equity investment firm Oak HC/FT saw $300 million infused into the New York-based firm.

PayPal Partner Paxos Obtains Federal Bank Charter from OCC

Paxos is the latest company to obtain preliminary conditional approval from the U. S. Office of the Comptroller of the Currency (OCC) to establish a de novo National Trust Bank. This is the third such charter issued by the OCC, the top banking regulator, to a crypto native company.