According to Bloomberg, Facebook is developing their own stablecoins, a type of cryptocurrency, tied to the US dollar, which can be used for WhatsApp transfers.
Despite all the security and privacy scandals that surround the company, Facebook’s user numbers continue to grow steadily. Nearly 2.3 billion people are active every month on the social media website, according to Statista, so if anyone can bring huge numbers of people to the blockchain, it’s probably Facebook.
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