Facebook Crypto Payments

Facebook is Launching "Project Libra" a Stablecoin-Based Payments Network.🎈🎈⚡⚡🔥🔥🔥🔥 . 'Project Libra,' Facebook's stablecoin will operate a full payment network with the social media giant in talks with MasterCard and Visa, payment processors, and e-merchants. Past reports that Facebook is seeking to raise $1 billion in collateral for the stablecoin have been reiterated with plans for fiat reserves to protect against volatility and fee reductions. Facebook is also looking at pairing the coin with its search engine for ad viewership points and loyalty rewards for Facebook-based e-commerce purchases. Read more.