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WhatsApp could be getting its own cryptocurrency

Friday, December 21, 2018 by Piyush Suthar | Comments

Home News Tech WhatsApp could be getting its own cryptocurrency

Kik might not be the only messaging app to support cryptocurrency payments if Facebook‘s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg. Apparently it’s going to be a stablecoin pegged to the US dollar too. Hopefully, that will help address any potential volatility to ensure that transfers hold their value long enough for the recipient to turn them back into spendable fiat. It also might mean that this stablecoin will only be available in the…

This story continues at The Next Web

Or just read more coverage about: WhatsApp

Authored by Piyush Suthar
Pro Blogger


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