Blockchain: Two Different Takes on Facebook’s Rumoured Cryptocurrency Venture

Blockchain: Two Different Takes on Facebook’s Rumoured Cryptocurrency Venture | Crowdfund Insider

Rumours of the imminent launch of a cryptocurrency product from Facebook have been circulating for several months. In December, Bloomberg reported that people with inside knowledge were claiming that Facebook is developing a “stable coin” for WhatsApp money transfers in India, including remittances. According to the publication, WhatsApp boasts over 200 million users in India now.