Facebook's real-world Novi wallet pilot used Paxos's USDP rather than Libra or Diem coins.

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"Facebook’s real-world Novi wallet pilot used Paxos’s USDP rather than Libra or Diem coins."

Paxos identified USDP as the inaugural stablecoin in Facebook's Novi wallet pilot, distinguishing the wallet pilot from the never-issued Libra or Diem currencies.

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Source title USDP Chosen for Novi Pilot

Source authors Walter Hessert

Source year 2021

Confidence high

Importance high