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Facebook, Instagram, and parent company Meta’s digital arts fintech initiative announced another upgrade as of Sept. 29. Users can now integrate wallets and transfer NFTs between 100 countries using the platforms.

As part of a minor update, which has been in testing since May, users will be able to tag admins and collectors and cross-post digital collectibles between platforms without paying any applicable fees.

 

In August, Meta announced the official launch of its services allowing users to post their digital collectibles to Facebook, Instagram, and meta.io. Meta also announced plans to make its service in more than 100 countries.

The company also provides support for third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet, along with support for Ethereum, Polygon, and Flow blockchains.

A number of social networkers expressed concerns about privacy and safety after pushing forward the wallet-to-Meta positioning. In April 2021, sensitive info about over 500 million Facebook users was exposed on a hacking website.

 

According to Statista statistics, Facebook and Instagram have 2.9 billion and 1.4 billion monthly active users respectively.