What is the name of the digital currency introduced by Facebook?

3 answers

• Mahsa AbbasiDec 25, 2024 · a year ago
  Sure! The digital currency introduced by Facebook is called Libra. It was announced in June 2019 and is expected to be launched in 2020. Libra aims to provide a global currency and financial infrastructure that empowers billions of people. It will be backed by a reserve of assets to give it stability and will be governed by the Libra Association, a consortium of companies including Facebook, Uber, and Spotify. Libra will be accessible through Facebook's digital wallet called Calibra, which will allow users to send, receive, and store Libra securely.
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• EsosekJul 05, 2020 · 5 years ago
  Oh, you're talking about Facebook's new cryptocurrency, right? It's called Libra. Facebook aims to make Libra a global currency that can be used for everyday transactions. They want to make it easy for people to send money to friends and family, even if they are in different countries. Libra will be backed by a reserve of assets, which will help maintain its value. It's an interesting concept, and many people are excited to see how it will impact the world of finance.
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• mohammad baniasadMay 08, 2024 · 2 years ago
  Yes, Facebook has introduced a digital currency called Libra. However, it's important to note that Libra is not yet available for public use. It is still in development and is expected to be launched in the future. Libra aims to provide a stable and secure digital currency that can be used for various transactions. It will be governed by the Libra Association, which is an independent organization. Once launched, users will be able to access Libra through Facebook's digital wallet, Calibra.
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