Facebook’s global currency plans were always doomed

Facebook’s global currency plans were always doomed

Daniel Cooper - Engadget4/16/2020, 12:00:11 PM

Now, Libra will tie itself to a series of currencies, including US Dollars, Euros, and British Pounds. As TechCrunch explains, “when you send one Libra, you’ll actually send a fraction of USD-backed, EUR-backed, GBP-backed (etc.) stablecoins.” That should be … [+4629 chars]