Editor's Picks News

Facebook will attract $ 1 billion to secure its stablebcoin

The journalist of The New York Times and the author of the book “Digital Gold: The Incredible History of Bitcoin” Nathaniel Popper reported that Facebook intends to raise about $ 1 billion from venture capital investors to secure its stablecoin.

Attracting third-party investors, he said, will allow the community to demonstrate decentralization.

“One of the richest companies attracts money. When did they apply for third-party investments last time? ”

Popper added that Facebook steblecoin will presumably be tied to a basket of currencies that will be stored in the company's bank accounts.

At the same time, Facebook, according to sources, can use the investments attracted from ventures as collateral for the coin.


Related posts

Wall Street lays plans to kriptosistem indefinitely — Bloomberg


Analysis of the rate of Ripple on November 22


What is the difference between this year's bullran and the previous one?