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Commerce · June 18, 2019

Libra

A global cryptocurrency by Facebook

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In plain words

Libra is a cryptocurrency project initiated by Facebook designed to enable financial transactions across its global user base. It aims to make cryptocurrency accessible to billions of people worldwide through partnerships with major industry players. The project targets social network users and investors interested in blockchain technology, combining financial services with existing social platforms to facilitate payments and money transfer at scale.

written from the facts on this page · September 2026

From the sources

Libra is one of the most anticipated product in blockchain space as it marks Facebook's entry in cryptocurrency. Libra already have major partners in industry and this project will make cryptocurrency accessible for billions of people in the world.

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