TikTok Explores P2P Payments in US App Code

Code discovered in the US version of the TikTok iPhone app suggests the development of a peer-to-peer (P2P) transfer feature similar to Venmo. The feature would likely be powered by TikTok Pay, which is already operational in Southeast Asia. TikTok officials stated that the feature is not currently being tested in any market and its release is not guaranteed. The code does not involve crypto or stablecoins, focusing instead on fiat P2P transfers.