WhatsApp has implemented cryptocurrency transaction technology directly into the app via Novi Wallet, one of the biggest messaging apps. At least, that’s how Reuters reported it today. The article in question states:
Meta Platforms Inc’s cryptocurrency wallet Novi will allow users to send and receive money through the social media giant’s messaging app WhatsApp.
According to screenshots posted by Novi CEO Stephane Kasriel, the application supports transactions within the app via a new interface for sending money. Users can select the amount of money they send and confirm the transaction directly with the recipient. On Twitter, the Novi CEO wrote:
There is a new opportunity to test the Novi digital wallet. Starting today, a limited number of people in the U.S. can send and receive money with Novi through the following channels WhatsApp This makes sending money to family and friends as easy as sending a message.
Cryptocurrencies on WhatsApp — It doesn’t get much more mainstream than this.
So the program is already available to some users in the United States and is currently being tested. According to the wallet's CEO, Novi does not change WhatsApp’s current privacy policy.
Meta, formerly known as Facebook, has long been working on implementing cryptocurrencies within its apps, especially since the company abandoned plans to create its own digital currency due to regulatory concerns.
Now it seems the time has come. WhatsApp users will soon send cryptocurrencies to contacts via the app. Which cryptocurrencies Meta will implement is still unknown to us so far. However, more news will surely follow very soon.