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WhatsApp tests payments in crypto for US users

WhatsApp takes a potential step toward crypto adoption. (Source: WhatsApp)
WhatsApp takes a potential step toward crypto adoption. (Source: WhatsApp)
WhatsApp has started a new pilot program that allows those located in the United States to transfer cryptocurrency via its service. The initiative only involves a small pool of users and one coin in its present form, as well as a wallet originally intended for use with Meta.

WhatsApp is a messaging service with millions of users worldwide, some of which can send payments through the service depending on their location. Now, the popular Meta subsidiary might soon add the option to send another form of money: cryptocurrency.

The app has reportedly started a pilot program by which a "limited" number of users will gain the option of sending crypto to each other. This could be an important step in getting those assets into general circulation.

On the other hand, WhatsApp's new feature only pertains to Pax Dollars (USDP), a stablecoin with a value pegged to that of the US dollar in its current form. It also requires the use of a specific wallet (a form of hardware- or software-based storage often necessary for crypto safeguarding or transfer) provided by Novi (formerly Calibri), originally developed for Meta's purposes.

Novi has announced that its new, in-testing integration into WhatsApp allows eligible users to send PAXD like any other attachment on pressing the '+' or the paperclip in the iOS and Android versions of WhatsApp respectively. It is not clear when or if this new feature will see a more general roll-out at present.

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Novi Wallet now works in WhatsApp for certain US users. (Source: Novi)
Novi Wallet now works in WhatsApp for certain US users. (Source: Novi)

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Deirdre O'Donnell
Deirdre O'Donnell - Senior Tech Writer - 5100 articles published on Notebookcheck since 2018
I became a professional writer and editor shortly after graduation. My degrees are in biomedical sciences; however, they led to some experience in the biotech area, which convinced me of its potential to revolutionize our health, environment and lives in general. This developed into an all-consuming interest in more aspects of tech over time: I can never write enough on the latest electronics, gadgets and innovations. My other interests include imaging, astronomy, and streaming all the things. Oh, and coffee.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2021 12 > WhatsApp tests payments in crypto for US users
Deirdre O'Donnell, 2021-12- 9 (Update: 2021-12- 9)