Signal is testing a payments feature that lets you send cryptocurrency to friends

Signal is testing a payments feature that lets you send cryptocurrency to friends


Image: Signal

Signal announced on Tuesday it’s now testing a new peer-to-peer payments system in the beta version of its apps. Appropriately called Signal Payments, the new feature right now supports only one protocol: the MobileCoin wallet and its companion cryptocurrency MOB. MobileCoin has a close relationship with Signal co-founder and CEO Moxie Marlinspike, who advised the company prior to its most recent round of funding announced last month.

“The first payments protocol we’ve added support for is a privacy focused payments network called MobileCoin, which has its own currency, MOB,” wrote Jun Harada, Signal’s head of growth and communication, in a blog post. “As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s…

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