Tekedia Forum

You need to log in to create posts and topics.

The Facebook's GlobalCoin

The plan is for Facebook's “Project Libra” or “GlobalCoin” to launch by the end of 2020 and offer its own digital currency pegged to a basket of world currencies that is reflective of Facebook’s 2.4 billion global user base - including the US dollar, the Euro, and the yen. Many interpret the move as a bid to follow in the footsteps of so-called “superapps” such as China’s WeChat, that allows users to send money, shop, order taxis, and play games without ever having to leave the one platform.

-Fintech Collective newsletter