Will Facebook’s Libra Become the Go-To Payment System Where Banks Fall Short?14

Europeans and Americans have their Visa and Mastercards. For everyone else, here comes… Libra?

Facebook’s new Libra digital currency is aimed at a huge potential market for financial services--the entire developing world, with billions of people in areas such as India and Sub-Saharan Africa, where financial services are often less sophisticated and many people don’t use traditional banking accounts.

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