_ #Facebook is #Reportedly #Creating Its Own #Cryptocurrency

That’s according to new reporting by Bloomberg. Sources familiar with the project told the business magazine that the social media giant is working to develop a money transfer system for its WhatsApp chat app that uses a stablecoin — a form of blockchain-based cryptocurrency that is pegged to a particular unit of value like the U.S. dollar.
https://futurism.com/facebook-stablecoin-cryptocurrency/