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Marcus Says Libra Could Be Based On Real Currencies

October 20, 2019
Facebook, Libra, Stablecoins, currency-pegged stablecoins, Group of 20 finance leaders, Calibra, wallet
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Marcus Says Libra Could Be Based On Real Currencies

October 20, 2019
David Marcus, CEO of Facebook’s wallet service Calibra, said that Libra could use national currency-pegged stablecoins like a dollar stablecoin, rather than the synthetic one it initially proposed, Reuters reported on Sunday (Oct. 20).  Marcus, who heads the Libra project for Facebook, told a banking panel the group’s main goal remained to create a more […]