Facebook to Develop its Own Stablecoin

[bootlace]

Do you have doubt about such event? I think we will see more and more. But now I don't understand for what we need such tokens as Kin or Snt. How will they compete with giants without so big auditory?

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[caffu chino]

Well, the most popular probably will not, but will be in great demand. Yet Facebook is a giant of social media industry. We are waiting for new news about the development of their own stablecoin.

yes we must wait for its development. I am this will be an extraordinary thing. we know Facebook is one of the biggest social media at the moment. and surely there will be many prospective stable users of their coins without even having to do a promotion.

[AgentZero23]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

Facebook already have a blockchain team and it just matter of time for them to release their own utility tokens to be use in some of their applications. I think it's to early for them to release a stable coin and they are just making research and getting to know the blockchain technology.

[sabine80]

that impresses me already, that facebook brings a coin on the market. even it is a stablecoin, it is certainly a good thing for the acceptance of crypto. as a result, many new people will have contact with crypto, and this is very good.

[cameron_EMI]

Good news but I doubt about it being "most used product in crypto". It would be a single purpose means of payment (largely used).

Indeed. I think it will be widely used in 3rd world countries, especially for unbanked people. I think we will start adapting to cryptos within 10 years without noticing it.

[isen]

It is quite possible that Facebook thus wants to secure its shares, if it succeeds, then all large corporations will follow this example.

[apitico]

Facebook is able to create a coin that will become popular in a short time, as Facebook has the largest audience. I think that if Facebook creates a good coin, it will quickly break into the top.

[blackhawkeye1912]

Most likely facebook will eventually have its own virtual coin for them not to be left behind in case cryptocurrency boom suddenly. Now, with the influence.of facebook, that is already free marketing.

[basici]

it would be very good if such a financial giant as its notebook would enter the market of multiple currencies. it would be a very good push up

[qwerty1337]

I’ve been waiting for a project from facebook for a long time, I think we’ll see a promising cryptocurrency, it will quickly develop

[Gabali126]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

I have seen this news in one of the crypto platforms. This coin might become the biggest ever considering the already global adoption of Facebook itself.

[karsy]

Yes, I've just read this news. I think it's great but I remember how the developers of Facebook badly said about cryptomarket. And now they entered our territory. But every new huge participant on the cryptomarket is very good.

[Emmy92]

I read the news today, the truth is blockchain has come to stay it's just a matter of time and the whole world will have no choice than to adopt it. Facebook is already on its way.

[Mr. Art]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

Most popular, do you think more popular than bitcoin? I do not think. Yes, the price of such coins can have a high price. However, it is not known when this will be done. I heard about it for a long time. However, there is no reliable information about the launch of the development of Facebookcoin.

i think this stablecoin created by facebook team will not replace bitcoin,,
the OP just said, if this news become true, "this coin will become the most used in crypto",,
maybe people who want to run an ads on facebook should pay with this facebookcoin my friend,,
as we know a lot of ads run in facebook right ?

[jpnl0002]

it is not a form of doubt of without guarantee that facebook is at the verge of developing their own blockchain or cryptocurrency as the case maybe but the technology of decentralisation give you entire freedom to choose what you want and how you want to design a system that will be entirely controlled by individuals from different locations of the world and have some degree of security and trust to be an inmmutable system where data can be called in real time and not copied or duplicated.

[VieleSind]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

If Facebook releases cryptos, it will be trendy in the cryptocurrency market I think. There is no denying the fact that the significant impact of Facebook on the people in the world so that I think the investors will spend so much money on Facebook coins. After Facebook launching cryptos, I think a lot of companies will ape.

[lagharto]

“If Facebook launches the stablecoin they are reportedly building, it will quickly become the most used product in crypto,”
read more here
Anthony Pompliano, a crypto analyst and founder and partner at Morgan Creek Digital Assets tweets about this
https://twitter.com/APompliano/status/1075951717399838722?s=20

mass adoptions in crypto is on its way 

if it is the currency only for WhatsApp messenger then i doubt that it will be the #1 digital currency. From other side it may be a competitor for GRAM (Telegram currency) and it is definitely good, we will have a healthy market with a healthy competition.

[frchowe214]

The main question is if it will be tradeable on the exchanges and against bitcoin. This will make it a proper crypto currency, or they might just make a product that is only usable within whatsapp

[Huskarls]

I do not quite understand why this coin should become the most popular? Why do Facebook users need it? What they do not like fiat money? Too many questions ... I think it's just a desire to follow the fashion, nothing more. It is curious to see what happens.

if what I see, this coin will be applied as a standard of use or payment for all transactions on Facebook, such as payment of advertisements and other things that require payment. In addition, the amount of traffic every day on Facebook will also be utilized as possible by giving free coins

[bitcoin31]

They have advantage and disadvadisadvantages of that. Because advtange they can help to the cryptocurrency to increase again but the disadvatange of that is maybe other company will go to the facebook becubecuse they are more powerful.