Facebook’s own crypto currency might launch in 2021

December 3, 2020

It’s called Libra

Facebook has been working on a cryptocurrency of its own for some time. Its release has been delayed several times, but now, a new report suggests that Libra, the name of their currency, might be launching in 2021. As far as one can tell, it seems like only a limited quantity will be made available for now. Libra was originally supposed to be a stablecoin — a cryptocurrency that derives its value from several real-world currencies rather than the intangible thing that is Bitcoin and its many variants.