Facebook May Launch a Stablecoin to Target India’s $69 Billion Remittance Market

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Person wearing facebook sweater working with a whatsapp token

Cryptocurrency’s first killer application may be well on its way from the rosters of Facebook, a company ironically known for practices contrary to the ethos of decentralized currencies and blockchains, reported South China Morning Post on December 21, 2018. Facebook’s Crypto Deal The San Francisco-headquartered social media giant is leveraging India’s mammoth $69 billion remittance market, which also forms the…Read More. The post by Shaurya Malwa appeared first on BTCManager, bitcoin, Blockchain & Cryptocurrency News

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