Facebook working probably to develop your own digital currency for WhatsApp

whatsapp

If you are looking to send money to a friend or family member via your mobile device, there are several ways to let you do this. There are PayPal and Venmo, Apple Pay and Google Pay, as well as many other services. Having said that, we have heard that WhatsApp is working on a feature that lets users send money to each other, the detection report of site Bloomberg that Facebook is planning to use the work number to do so.

According to the report, it seems that Facebook is planning to develop what is now called the name ” Stablecoin“, which is a form of digital currency linked to the US dollar. The idea behind it is that it will help in reducing the size of fluctuations that are usually associated with digital currency, such as Bitcoin, known the big.

Did not confirm the Facebook after they work on it, but a spokesman for the company confirmed that Facebook is targeting ways to benefit by its technology to block so stated by saying : ” like many other companies, target Facebook ways to take advantage of the power of technology to block. Explores this small group, A New many different applications. We don’t have anything else to share with the media offline “.

However, the idea of using digital currency to transfer money look like the safer than traditional methods, but it remains to be seen whether we will see this moving on the ground or not.

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