Facebook

Facebook have announced their plans to launch their own cryptocurrency, which is called Libra. The price of Libra is intended to be stable. Its value will be fixed to a basket of currencies, consisting of the dollar, the euro, the yen, the British pound and the Singapore dollar. The dollar will account for 50% of the basket, while the rest will compries 18, 14, 11 and 7 respectively.  

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