Editor's Picks News

Facebook gained Libra support for its Visa and Mastercard and PayPal

We already wrote that on the nearest Tuesday, June 18, the company Facebook officially announces its digital coin. Leading world media reports that such giants as Visa and Mastercard, PayPal online payment service, Uber transport service, and Booking.com housing online booking service have already agreed to support this coin.

According to The Wall Street Journal , citing its own informed sources, the Libra, each member of which contributes about $ 10 million to create it, included more than a dozen companies to the consortium around the cryptocurrency. The course of the digital “coin” will be tied to a basket of fiat currencies in order to avoid sharp jumps, as is the case with Bitcoin and the like.

In total, according to the publication, Facebook seeks to collect up to a billion dollars in support of cryptocurrency. It is assumed that with the help of Libra, Facebook users will be able to make purchases on social networks and online stores, as well as forward it to each other. The company hopes that a huge Facebook audience and a stable exchange rate will help make its cryptocurrency more attractive as a means of everyday payments than the bitcoin existing for about a decade.

Meanwhile, the talks continue and it is not known who tomorrow will declare support for the promising steyblecoin.


Related posts

Bitcoin $30,000 – The unexpected market development

Afroz Ahmad

bZx Hacked For The Third Time This Year


Libra Association about the war with regulators – we knew what they were doing