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Facebook's Libra Open to Using Stablecoins

Video Credit: Cheddar Inc. - Duration: 00:22s - Published
Facebook's Libra Open to Using Stablecoins

Facebook's Libra Open to Using Stablecoins

Facebook's Libra has faced numerous setbacks and now the company is looking for alternative financial structures, including different stablecoins backed by various government currencies.


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Facebook’s Libra Project May Consider Stablecoin in Effort to Ease Concerns

David Marcus, the head of Facebook’s Calibra, reportedly told banking seminar attendees that the project is open to having a series of stablecoins pegged to specific government-backed currencies.

Credit: Cheddar Inc.     Duration: 04:52Published