G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
Cryptopolitan 2019-10-21 01:36:05

Project Libra to consider using currency-pegged stablecoins

Reuters reported on Oct 20 that the head of Project Libra, David Marcus, is receptive to the idea of using fiat-pegged cryptocurrencies and do away with the initially proposed tokens. Facebook’s project Libra is easily the most-talked-about initiative in the digital currency world today. And while the ambitious global currency project has been able to garner some backing in the form of a certain US Senator Mike Rounds who believes technological innovations should not be disregarded and Taiwan’s richest man, Terry Gou, who wishes for his island state to roll out the red carpet for the enterprising stablecoin, more often

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer