The Novi Financial digital wallet, the payment arm of Facebook’s stablecoin Diem, has opened registration. According to media observations, the wallet is designed for the Diem payment system.

Users can use Novi to transfer money around the world, or save Diem digital currency in Novi wallet, and use it to pay for daily transactions where digital currency is accepted.

Currently, the Diem payment system will only support a few digital currencies, such as the U.S. dollar, British pound, and the Euro, and the Diem payment system will also support a combination of these digital currencies. In the future, the Diem payment system will support more digital currencies. Note: The Facebook stablecoin project Diem (previously known as Libra) once launched the digital wallet Calibra, but due to regulatory requirements, the stablecoin project Libra was renamed Diem and the wallet was changed to Novi Financial.

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