4 ms·
Novi (FB Stablecoin USDP) Launched in US and Guatemala
Just received a notification from Novi, but there's no news item on the site yet.
> Hello, there. It's been a while, and we have some updates to
share with you about Novi.
> Novi is now available with a waitlist in Guatemala and the United States for sending and receiving money using USDP (Pax Dollar). With Novi, you can move money instantly with no fees
- passerby1 5y agoFacebook is definitely not the company I trust with my money.
- jbverschoor 5y agoI wouldn't dismiss Mark's pivoting capabilities. He's done so many times.
- passerby1 5y agoWould you elaborate please?
- londons_explore 5y ago> US and Guatemala What an odd choice of launch countries! Maybe they're trying to test the use case of "sending money to family abroad"?
- axolotlface 5y agoProbably. Guatemalan immigrants living in the US and sending money back to their families has become a significant portion of lower class population's income. Entire towns have almost no male population between 18-40 due to immigration (legal or illegal) because this country has nothing to offer them with regards to job opportunities.
- donclark 5y agoIs the only benefit of having/keeping money in a bank - billpay? Sounds like Facebook/Novi are working around the pushback from regulators. Move money instantly with no fees. Novi(Facebook backed) pilot(waitlist) in US and Guatemala. Via USDP Stablecoin. https://www.coindesk.com/policy/2021/10/19/us-lawmakers-push-back-on-facebooks-novi-wallet-launch/ https://www.coindesk.com/policy/2021/10/19/us-lawmakers-push... https://www.crowdfundinsider.com/2021/10/181962-does-novi-cryptocurrency-matter-facebook-rolls-out-pilot-program-for-payments-feature/ https://www.crowdfundinsider.com/2021/10/181962-does-novi-cr...
- randomhodler84 5y agoAwful! Never touch this zucc oppression money.