Libra would be the name of the facebook cryptocurrency

We have known for a long time that Facebook works in a cryptocurrency. The social network has so far not given us too many clues in this regard. But a couple of weeks ago there was speculation that it would be launched this June. New data confirm that the company would launch it next week, which would arrive with the name Libra.

Libra would be the name of Facebook's cryptocurrency

New information points to this name. A launch that is important, which also has a dozen large companies and supporting investors, who have invested.

Libra is coming soon

Uber, PayPal, Visa, MasterCard, Booking, MercadoLibre are some of the companies that have taken part in this round of financing. Facebook aims to raise $ 1 billion for Libra. Therefore, it seems that the social network does not have direct control over it. Although so far there are many details that are not entirely clear about the new currency of the social network.

In fact, it is not well known what Libra will be used for. There are many speculations in this regard, with the possible uses that the currency of the social network will have. So we hope that next week in your presentation we have all the data.

Facebook still does not confirm anything about the launch of it. Therefore, we hope that there will be news soon in this regard. Without a doubt it promises to be a launch of great interest, so it will be necessary to see what they have prepared with Libra.

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