Facebook’s long-rumored stablecoin will be at the center of a brand new payments network, according to a report in The Wall Street Journal. Project Libra, as the blockchain initiative is called internally, will reportedly involve a stablecoin backed by government currency. A source close to the situation confirmed to The Block aspects of The Journal’s …Original article
Project Libra: Facebook to launch stablecoin-based payments network - The Block
Fb’s lengthy-rumored stablecoin will probably be at the heart of a brand new expenses neighborhood, consistent with a report in The Wall Boulevard Magazine. Mission Libra, since the blockchain initiative is referred to as internally, will reportedly comprise a stablecoin backed via executive overseas cash. A provide with regards to the positioning confirmed to The Block aspects of The Magazine’s …