Post
Topic
Board Altcoin Discussion
Re: Facebook Libra finally launching?
by
istiak2277
on 27/11/2020, 14:27:34 UTC
https://cointelegraph.com/news/facebook-s-libra-to-reportedly-launch-in-january-2021-as-usd-stablecoin

"Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United States dollar-backed digital currency, the Financial Times reported on Nov. 27"

Then it will be more like a stable coin? I do not think investors like to invest in any stable coin because it doesn't offer any profit for investment. It's essential for the time of inflation only. But it's good to know that Libra is not fully dead and it looks like the president of the United States has a plan for crypto currency and he is using Libra to do that.