Post
Topic
Board Altcoin Discussion
Re: Facebook Libra finally launching?
by
FontSeli
on 28/11/2020, 23:57:12 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"

If this happens in reality, Facebook will be able to get huge working capital for the implementation of its projects. It can be compared to a fairly large Bank.
I'm more interested in what impact this coin will have on the crypto market. I hope that thanks to this coin, more and more people will be able to buy other cryptocurrencies, because not everyone will want to stop only at Libra.