May 11, 2024

Facebook started testing its crypto wallet in the USA

Social networking giant Facebook has begun rolling out its Novi digital wallet in the US and Guatemala, its CEO announced.blockchain company direction David Markus.

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The purpose of the pilot project is to test the key functions of the wallet in real conditions.

“Money transfers are the most important way to achievefinancial accessibility. Today we are launching a small pilot version of the @Novi digital wallet application in two countries - the USA and Guatemala. Now people can send and receive money instantly, securely and without fees,” &#8212; Marcus wrote on Twitter.

Despite the fact that the stablecoins are usually used by the traders to save profits, the Mapbite hopes that the interesting versions will be able to increase the time

"We hope that we are demonstrating a new way of using the power supply unit (as a payment tool), which will work out like this."

Facebook will test its Pax Dollar wallet from Paxos, since the project of the proprietary digital asset of the platform has been developed and has not been produced.

In the quality of the cryptographic site, responsible for the preservation of user funds, will be issued by Coinbase.

Initially named as Libra, the project collided in 2019 with serious normative obstacles, due to which it was forced to rebrand and change its name to Diem.

Paane Markus said that the Novi crypto wallet, which was originally called Calibra, should have been launched in August of this year.

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