What Is Diem? Introduction to Facebook’s Stablecoin

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US Congress Requests Moratorium on Facebook’s Libra Stablecoin

The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin

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Facebook’s Stablecoin Inches Closer With New Investment Details

Facebook’s stablecoin project, which is now something of an open secret, seems to be drawing nearer. Last week, major news sources revealed that Facebook has been seeking massive investments from venture capital firms.

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Facebook allegedly seeks to attract $1 billion of VC funding for its stablecoin

The largest world social network is looking for venture investors who are willing to finance its project of stablecoin pegged to fiat currencies. Facebook allegedly needs $1 billion of VC funding.

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Facebook in Search of $1B for Launch of Stablecoin According to Sources

Facebook has hinted at creating its own digital asset for WhatsApp usage, and now the firm is on the lookout for capital dedicated to this project.

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Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin

Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral.

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Rumor: Facebook Wants $1 Billion in Venture Capital for Coin Project

Facebook is looking at a hefty proposition in raising venture capital for its upcoming stablecoin project. According to New York Times reporter and long-time cryptocurrency writer Nathaniel Popper, the social media giant is looking at.

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Facebook’s Cryptocurrency Won’t Let You Buy Your Privacy Back

Facebook is moving into cryptocurrency, aiming to create some type of stablecoin that will make it possible for users within its gargantuan network to transfer value to each other. Why Facebook doesn’t simply use an existing cryptocurrency is, of course, a mystery.

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Facecoin To Replace U.S. Dollar? Facebook Claims It’s “Helping People”

We’re all still thinking like regular crypto heads when it comes to what Facebook’s Mark Zuckerberg has up his sleeve with his stablecoin. The Zuck’s not thinking about just creating his own crypto.

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Facebook Stablecoin Wants to Replace US Dollar Not Bitcoin: Kik Founder

Facebook could be on the path to replace the US Dollar with its own crypto asset as a global currency, claims Ted Livingston. The founder and chief executive of the Kik messaging app projected the upcoming stablecoin project as a WeChat aspirant.

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Facebook’s likely blockchain first steps – decentralized log-ins and a stablecoin

Somewhere on Facebook’s sprawling Menlo Park campus, 50 elite employees are tucked away in a secret office with separate key-card access. Behind these closed doors, a mysterious project is ongoing — one that could have a seismic impact on the world of cryptocurrency.

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Barclays Analyst Says Facebook Cryptocurrency Push Could Generate $19 Billion by 2021

While social media giant Facebook is putting preparations in top gear to launch a stablecoin that could function as both the native currency for the platform and a digital asset for global peer-to-peer payments, Barclays Internet analyst, Ross Sandler has forecasted that Facebook Coin could generate as much as $19 billion for by 2021, reportsRead MoreRead More.

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Facebook Coin Could Bring $19 Billion Additional Revenue, Believes Barclays

CoinSpeaker Facebook Coin Could Bring $19 Billion Additional Revenue, Believes BarclaysOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

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Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s Why

CoinSpeaker Barclays: Facebook Coin Could Bring $19 Billion Additional Revenue, and Here’s WhyOne Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out.

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Barclays Analyst: Facebook Coin Worth $19 Billion in Revenue by 2021

Interest in Facebook’s forthcoming stablecoin is beginning to take hold in the broader financial market. According to a report published by CNBC on Mar. 11, Barclays analyst Ross Sandler wrote in a client note that.

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Facebook Cryptocurrency Could Raise $19 Billion, ‘Reinvigorate’ Company: Barclays

There’s a massive upside for Facebook entering the crypto space, according to tech analysts on Wall Street. The Facebook cryptocurrency, which will reportedly be used to facilitate cross-border payments and will have stablecoin properties, is worth at least $19 billion in revenue within the next two years, CNBC reports.

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Facebook to Launch Its Cryptocurrency for WhatsApp in H1 2019, In Talks With Exchanges

CoinSpeaker Facebook to Launch Its Cryptocurrency for WhatsApp in H1 2019, In Talks With Exchanges According to the New York Times report, Facebook plans to use its crypto token for in-app payments across its suite of applications.

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Facebook set to Launch its Whatsapp Cryptocurrency, Already Getting Ready for Listing On Crypto Exchanges

As earlier reported, Facebook has been working on a cryptocurrency and has reached a high level of progress with the creation of a stablecoin precisely that will be based on Whatsapp messaging app.

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Facebook Secretly Talking with Bitcoin Exchanges about Listing its WhatsApp Cryptocurrency

Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin.

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Facebook’s Blockchain Team Looks for 13 New Members: Managers, Engineers, Researchers Job Openings

According to Facebook’s Careers Site, there are 13 different blockchain-related jobs opened. This shows that there is a real interest for Facebook to develop new blockchain-related solutions. As reported back in 2018, the social media company had 32 individuals working on the blockchain area.

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Facebook’s Crypto Shopping Spree Isn’t Over Yet. Here’s Who Else They Might Acquire.

Facebook’s crypto ambitions are reportedly not limited to its acquisition of blockchain startup Chainspace, according to The Information. Facebook Has Met with at Least Three More Crypto Startups Citing unnamed sources, the publication said Facebook has been eyeing several blockchain startups with a view of making acquisitions.

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Facebook’s Blockchain and Crypto Year: How the Social Network Changed Opinions During 2018

Facebook has been changing opinion about the virtual currency market and blockchain technology over 2018. A few days ago, Bloomberg informed that the company is going to be creating a stablecoin and target the Indian market for transactions between individuals.

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From Blanket Ban to Its Own Stablecoin: How Facebook’s Relationship With Crypto Changed Over 2018

After banning and unbanning crypto ads, Facebook reportedly proceeded toward its own cryptocurrency — and its blockchain division is steadily expanding as well. Here’s how the social media giant’s relationship with crypto has changed over the year

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Facebook Cryptocurrency Shows Path Forward is Integration, Not Domination

Blockchain, Cryptocurrency, Facebook–Last week, EWN reported on an industry rumor that Facebook, the social media giant with over 2 billion active users, was in the process of developing a new stablecoin cryptocurrency.

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Exploring the Speculation that facebook is Building on the Zilliqa (ZIL) Network

Several crypto enthusiasts have pointed out that the social media giant of facebook might not have time on its side in terms of creating its own blockchain network from scratch to power its stablecoin project.

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Facebook May Create Its Own Stablecoin, According To Report

According to a report via Bloomberg, Facebook may be working on its own stablecoin for handling money transfers via WhatsApp, with a particular focus on the Indian market. The source states that the project is very far off, and is still in a strategic stage.

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Crypto Tidbits: Facebook May Launch Stablecoin, Ethereum Developer ConsenSys In Throes

As the crypto market bounced en bloc, this industry’s news cycle has been starting to look lively yet again. Rob Paone, better known as “Crypto Bobby,” recently explained that this week’s industry developments have been “big,” and in stark contrast to prices, insiders continue to “hunker down” to build bonafide valuable products, platforms, and services.

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

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.

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What could possible FacebookCoin mean for bitcoin?

Bloomberg reported yesterday that popular social media giant Facebook intends to dip its does deeper into the waters of cryptocurrency. According to unnamed sources, Facebook is working on making a cryptocurrency that will let users transfer money via the WhatsApp messaging app.

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Facebook makes the much anticipated dive into Crypto, a stablecoin backed by WhatsApp is currently in the works

Insiders sources have recently revealed that the leading social media platform Facebook, is currently expanding its structure with a major dive into the world of cryptocurrency. As reported by Bloomberg, the social media giant is making plans to incept cryptocurrencies into its messaging application WhatsApp.

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Sources Claim Facebook Is Developing a Cryptocurrency for WhatsApp Transfers

According to Bloomberg, Facebook’s is working on creating a new cryptocurrency with an initial focus on remittances in India. The new cryptocurrency will allow users to transfer money on WhatsApp, the popular messaging application owned by Facebook.

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Facebook Wants to Mint Its Own Stablecoin for WhatsApp

Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is supposedly the remittance market in India.

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Breaking: Facebook Develops Its Own Cryptocurrency for Remittances

CoinSpeaker Breaking: Facebook Develops Its Own Cryptocurrency for Remittances Facebook is reportedly working on developing its own stablecoin, which initially will be focused on the remittances market in India where it will enable users to transfer money via a dollar-pegged cryptocurrency on WhatsApp.

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Facebook is Developing a Stablecoin to Power Remittances on Whatsapp

News reaching Ethereum World News indicate that facebook is developing a stablecoin to let users transfer money on its WhatsApp messaging App (Whatsapp was acquired by facebook back in 2014). The team at facebook will first focus on the market in India with this new concept and service.

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Facebook is developing a stablecoin for WhatsApp

Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app, focusing first on the remittances market in India, Bloomberg reported citing the people familiar with the matter.

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WhatsApp could be getting its own cryptocurrency

Kik might not be the only messaging app to support cryptocurrency payments if Facebook’s latest dream comes true. According to people close with the matter, the social media behemoth is looking to develop a cryptocurrency that enables WhatsApp users to transfer money to each other, reports Bloomberg.

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Facebook to Develop its Own Stablecoin for Remittances: Report

Social media giant Facebook is reportedly working to launch its own stablecoin for money transfers through its popular messaging app WhatsApp.

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Daily Byte: Friday, December 21, 2018

Facebook reportedly pursuing stablecoin, pro-crypto Congressmen seek to change securities laws, and Chinese financial news organizations take on plagiarism.

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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight

With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies.

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

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