Facebook is said to develop Stablecoin for WhatsApp transfers

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Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market in India, according to people familiar with the matter. 

Sources: https://www.iol.co.za/business-report/international/facebook-is-said-to-develop-stablecoin-for-whatsapp-transfers-18585168