Facebook Chooses Coinbase As Custody Partner for New Digital Wallet Rollout

Social media giant Facebook is launching the Novi crypto wallet today in the United States and Guatemala. The initial rollout only allows users to trade the Paxos Dollar (USDP) stablecoin, which is secured by Coinbase. An announcement on the Coinbase Blog says, “Novi users’ funds will be held within Coinbase Custody Trust Company, a qualified […] The post Facebook Chooses Coinbase As Custody Partner for New Digital Wallet Rollout appeared first on The Daily Hodl.