Tuesday , January 31 2023

WhatsApp users are able to make money transfers via the app


WhatsApp users they can make money transfers through the applicationThanks to the fact that the Facebook network will work on the development of the encrypted currency. The first market to apply this new version of the application will be India.

Those who use WhatsApp can now transfer money through the platform. Bloomberg. The idea is to start a stable currency or stability; I mean value depends on some assetIn this case, the dollar will be. In this way, the goal is to minimize the volatility of the encrypted currency.

In this meaning, Tether Because it is an example of constantcoin in the center of attention he did not refuse the audit to confirm that the encrypted currency was supported by the dollarthey say. Meanwhile, the company will support this currency and will develop a strategy for this initiative.

According to the new project, technical and administrative aspects are planned after the solution Apply this initiative in India, there are over 200 million users here. Additionally, the market will be shown not only by the number of users, but by the number of transactions that can be made through the app.

At the same time, India is one of the countries where such operations are most common. According to the World Bank in 2017, $ 69 billion has been sent to India. In this context, the application of virtual currency running through WhatsApp will be a great job.

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