Thursday, February 25

Facebook’s Libra Cryptocurrency is set to launch in January 2021 after a series of setbacks.

The cryptocurrency Libra coin is expected to launch in January.

When it was first released, it was created as cryptocurrency based on ordinary Fiat money and other reserves.

However, many central banks and monetary regulators have conducted surveys on this vision, and due to pressure, the Libra coin has changed its outlook and decided to create its own coin in the form of a fixed coin whose value does not change. On other currencies. Has been received.

Stablecoins are cryptocurrencies that do not change in value relative to specific currencies and are not as volatile as other currencies such as Bitcoin and Ethereum. For example, the USDT (fixed coin) is always worth US $ 1.

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