Facebook Considering Stablecoin Alternatives to Ensure Libra Launch

Facebook is currently facing a race against time to ensure the survival and ultimate launch of Libra, its stablecoin project. While it is fair to say that the odds are stacked pretty high against the social media behemoth, new reports are suggesting that the company might be open to making a fundamental change to Libra.

According to a report from news medium Reuters, David Marcus, the Head of the Libra project, has said that the company could be open to the adoption of several fiat-based stablecoins, as opposed to the initial choice of a singular asset. Read More...


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