Report: Facebook is Pitching its Crypto Stablecoin to Potential Investors10

The rumors concerning Facebook’s reported development of its cryptocurrency are back, along with financial details. Per a Wall Street Journal report, the social media giant Facebook is now in talks with partners, as it seeks to seal investments for the rumored digital asset.

Citing familiar sources close to the company, the Journal reports that Facebook is discussing with tech firms and financial service providers like VISA, First Data Corp and MasterCard about investing in the stablecoin, which for now has been dubbed “FB Coin.”

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