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Facebook’s global currency plans were always doomed

Facebook’s global currency plans were always doomed

Now, Libra will tie itself to a series of currencies, including US Dollars, Euros, and British Pounds. As TechCrunch explains, “when you send one Libra, you’ll actually send a fraction of USD-backed, EUR-backed, GBP-backed (etc.) stablecoins.” That should be …
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BitBurg

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