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 the “Facebook coin” could generate as much as $19 billion in additional revenue by the year 2021. The advent of a new revenue stream in the form of a stablecoin-backed payment protocol would be a windfall for Facebook’s share price, which took a hit in 2018 amid a series of scandals related to user privacy.

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