Facebook is Launching "Project Libra" a Stablecoin-Based Payments Network.๐๐โกโก๐ฅ๐ฅ๐ฅ๐ฅ . '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.
Facebook Crypto Payments
Facebook Crypto Payments
Facebook Crypto Payments
Facebook is Launching "Project Libra" a Stablecoin-Based Payments Network.๐๐โกโก๐ฅ๐ฅ๐ฅ๐ฅ . '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.