FACEBOOK'S CRYPTOCURRENCY????

  • Facebook is building a cryptocurrency designed to make it easier to transfer money on WhatsApp.
  • The currency will reportedly be focused on India and allowing Indian workers abroad to send money back home.
  •  Facebook is reportedly looking to develop what’s known as a “stablecoin,” which will have a value based on US currency to minimize the volatility seen by more high-tech alternatives like Bitcoin.
  • They have already been working to solve given the difficult and expensive process for international transfers.

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