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Meta to shutter its Novi digital wallet, drawing a line under Libra

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Meta is set to shut down its Novi digital wallet on September 01, the company has announced, effectively drawing a line under the Libra project.

Novi, which underwent a small pilot in the US and Guatemala towards the end of last year, used Paxos Trust Co’s USDP stablecoin to enable users to make transfers to each other via a mobile payment app.

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