Facebook’s currency would be "stablecoin", a digital unit pegged to the dollar in contrast to more anarchic means of virtual payment such as bitcoin, according to earlier reporting by Bloomberg and the Wall Street Journal among others. With more than two billion users, Facebook could have the clout to take cryptocurrency mainstream and emulate the likes of WeChat in China.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2M9nG6j
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