Comment on Why Facebook Chose Stablecoins as Its Path to Crypto

Why Facebook Chose Stablecoins as Its Path to Crypto

When Facebook Inc. developed Libra, its planned digital currency, it decided to focus on one version of the crypto world known as stablecoins. They’re not the biggest or best-known players in the field pioneered by Bitcoin. But to the broad range of companies partnering with Facebook on Libra, stablecoins seem promising as a possible bridge between the existing world of government-issued money and a crypto-based future.

 

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