WhatsApp has launched a new pilot that lets a “limited number” of people in the US send and receive money from within a chat using cryptocurrency. The feature is powered by Novi, Meta’s digital wallet that launched as a pilot six weeks ago, with payments made using Pax Dollars (USDP), a stablecoin pegged to the US dollar issued by Paxos.
Meta’s then head of Novi David Marcus said that the company is still committed to Diem when he announced the launch of the Novi pilot in October. “We intend to launch Novi with Diem once it receives regulatory approval,” Marcus tweeted. David Marcus subsequently said he was leaving the company at the end of the year. He has called the pilot of Novi in WhatsApp “the best farewell gift from the best team ever!”