Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout

Novi, a digital wallet subsidiary to Facebook, will go live in the U.S. and Guatemala in a pilot program, allowing users to start trading the Paxos Dollar (USDP), the social media giant announced Tuesday. Crypto exchange Coinbase will provide custody services for the program.

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