The New York Times (NY Times) reported that Facebook is negotiating with a cryptocurrency exchange to allow Facebook to list its own stable coins.
Facebook was reported in December last year whether it is developing a stable coin to peg with the dollar to carry out remittance between users with WhatsApp’s messaging application.
According to officials, the stable coins issued seem to consider pegging not only with the dollar, but also with the legal currency of each country .
Also, it seems that we negotiate with exchanges on the plan to list stable coins in the first half of this year . We estimate that the NY Times aims to reduce the burden of regulation on asset management and customer reviews by listing on the exchange .
In addition, Facebook’s Block Chain division’s office uses a different card key from the regular office, employees outside the department can not even enter the room, and only a limited number of employees in the company know the contents of the project It does not seem.
Article Source: The New York Times
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Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/fb-stablecoin-2/
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