Quote from: digifinex.official on Today at 09:35:12 AM

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"

Wait, the coins by facebook is still being developed? I thought they were facing some regulatory problems and some license issues or something and the project eventually died with the hype. But, good for them if they managed to fix everything.
This is going to be interesting. A stable coin backed by US dollar (which is backed by nothing lol) and being under total control of facebook. At least people won't be using it for invest and more like for using it as a regular currency. But then, aren't we able to do the same with paypal, cashapp and venmo?