[ignoramous]

> PayPal and Venmo and the like already make this very easy

They make it easy because they abstract away the underlying mechanics. Novi for WhatsApp does the same, but for a much, much larger audience, and does so instantly. While it isn't shackled by the baggage of the financial industry born in an era far removed from the current one, the pace of improvements and deployments can be much faster in face of changing regulations, jurisdictions, and technology itself.

[thehappypm]

Instantly? I’ve come to expect that from Venmo, Zelle, PayPal, etc.

[ignoramous]

> Instantly? I’ve come to expect that from Venmo, Zelle, PayPal, etc.

International, fee-less, instant payments? With the amount of ecommerce that happens over WhatsApp and Instagram these days, Meta stands a very good chance with USDP to cut out the middle-men (all of the legacy financial infrastructure) and take the product straight to the consumers. Sure, Meta could partner with PayPal, but Novi is a better, if ambitious, bet.

[pcthrowaway]

Considering how many horror stories I've heard about people getting blocked from Paypal with funds in their custody, you can't see any benefit to doing this with crypto?

[asdfsd234234444]

yes, google lightning network.