Facebook Set to Raise $1 billion for Stablecoin to Venture into Crypto-World
Fore more latest news update on Cryptocurrency Trading & Free Binance Bitmex Trading bot cum Crypto signal on telegram visit this below given Telegram channel Visit - https://t.me/btctradingclub Visit - https://t.me/bestbitmexsignal According to reports, Facebook is all set to invest in a cryptocurrency project with a massive sum of $1billion. The company designs its crypto as a stablecoin as collateral. Facebook allegedly does so for WhatsApp with the use of foreign currency basket. Reports say that Facebook is working on a cryptocurrency project and blockchain technology. The company desires to build a blockchain division with itself. However, Facebook remains silent on the news regarding the purpose and progress of the coin. Reports suggest that so far Facebook has hired about 30 people to work on the project The former head of Messenger and previous president of PayPal, David Marcus is involved in the project. Facebook hired him to lead the blockchain divis...