Signal app launches MobileCoin in beta

Messaging app #Signal has activated #cryptocurrency #payments in beta.

“At Signal, we want payments to be fast, private and work well on mobile devices,” Signal said in a statement. The first payment protocol we have added is MobileCoin, a privacy-oriented payment network with its own currency called #MOB. " It was said.

The feature is currently only available to #UK users on #iOS and #Android versions.

Signal's founder Moxie Marlinspike has been advising MobileCoin since 2018. Stellar-based MobileCoin was founded by Joshua Goldbard in 2017. Crypto money is only listed on FTX. The MOB rose more than 35 percent today to $ 73.

Signal, on the other hand, experienced an increase of over 4,000 percent in January downloads. Today, Signal has 40 million monthly active users.