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  <title>Facebook Launches Novi</title>
  <description>Facebook launched Novi, a crypto payments app with a limited release in the US and Guatemala. Built on the Ethereum blockchain, it allows for zero fee cross border payments. These two countries were chose because 14% of Guatemala's GDP comes from remittances (non commercial transfers from abroad) and 90% of them come from the US alone. The current banking system requires high fees- taking money out of the pockets of those trying to send money back home to their families. Novi tackles that problem head on.&amp;amp;nbsp;  Would love to hear from you. Rate, comment, subscribe on Apple Podcasts and for the video edition- YouTube. Follow me on Twitter&amp;amp;nbsp;&amp;amp;amp;&amp;amp;nbsp;Instagram where I always post when a new show drops. </description>
  <author_name>no gradient</author_name>
  <author_url>https://nogradient.com</author_url>
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