Facebook was quick to promise that its Libra cryptocurrency would have the stability of real-world money behind it, but whose money will dominate? It's now particularly clear. Facebook sent a letter to German politician Fabio De Masi explaining tha...
Facebook’s Libra currency will get half its backing from the US dollar
Facebook was quick to promise that its Libra cryptocurrency would have the stability of real-world money behind it, but whose money will dominate? It's now particularly clear. Facebook sent a letter to German politician Fabio De Masi explaining tha...
Today, New York approved the first digital currencies that are tied to the US dollar, called "stablecoins." These cryptocurrencies avoid the price volatility of their brethren by being pegged to stable assets. The digital currencies in question, from...