TLDR
Facebook’s Libra project had promised to spark a global financial revolution that would bring unprecedented inclusivity and borderless banking. But the death of Libra may turn out to be a positive thing for the crypto landscape. Libra's grand unveiling took place in June 2019, but by October of the same year, the project was already on the ropes. Three major players who were already confirmed as committed to the project, Mastercard, Visa and Stripe, were considering their positions. The 27 Libra Association members began to dwindle and Facebook decided to focus more on the development of digital wallets.via the TL;DR App
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Written by pljobes | Peter Jobes is a tech and business writer having worked with PA and clients like Tesco, and RAC. CMO at Solvid.
