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Novi: Facebook's new cryptocurrency wallet

Andy Vilchez
2 min read

Facebook officially joins the world of cryptocurrencies, recently launched a wallet called "Novi" in the United States and Guatemala. Which plans to deal with the most important wallets today.

Novi Facebook

For some time there have been rumors about Facebook's possible entry into the world of cryptocurrencies.

Much has been said about a possible cryptocurrency on the platform, however, so far it has been rumors. What is true is the launch of a wallet that looks pretty good.

This wallet has been launched as a pilot program in two countries, the United States and Guatemala.

If you are from these countries, you will be able to enjoy this first stage of the wallet. With it, people can send and receive money quickly, safely and without any commission.

Novi interface

The purpose of this application is to see how reliable the use of stable cryptocurrencies is to carry out financial transactions. This wallet will use the Pax Dollar, a stablecoin that is pegged to the US dollar.

It is not known exactly when this wallet will reach new markets, but based on what you have learned, it could be soon. However, it will be necessary to see how well-received this wallet has, since there are many others that do the same and that have a reputation in the market.

And you? Are you going to use the Facebook wallet, or will you continue to use a traditional wallet?


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