Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin

Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its cry...

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Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin

Source: CryptoSlate

Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. Since 2018 Facebook has been covertly working on a cryptocurrency […]

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