Meta Tests Stablecoin Transfers via WhatsApp
The Novi digital wallet, created by the social media giant Meta (formerly Facebook), will allow its users to send and receive stablecoin via its popular messaging app, WhatsApp.
This news has been shared today by the Head of Novi Stephane Kasriel, who said in a tweet that the company is working on “a new way to try” the wallet through the latest pilot.
“Starting today, a limited number of people in the US will be able to send and receive money using Novi on WhatsApp, making sending money to family and friends as easy as sending a message,” Kasriel wrote.
Per the website, the transfers will go through instantly, and there are no fees involved. There are also no limits “on how frequently you can send money.”
When money is added to a Novi account,
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