Facebook has finally entered the cryptocurrency industry! Is it developing its own USD-pegged stablecoin?!
According to major American media BloomBerg, Facebook is reportedly developing a cryptocurrency that can send and receive money within its own messaging app, WhatsApp.
Three Points Facebook Should Consider When Developing Its Own Cryptocurrency
The three key points to focus on in this report are as follows.
- Facebook is developing a stablecoin
- The former PayPal CEO is leading the blockchain team
- Issuing a cryptocurrency is still a long way off
Now, let's examine each one in detail.

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