RATE Group | Facebook could be building a cryptocurrency for WhatsApp (FB)
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Facebook could be building a cryptocurrency for WhatsApp (FB)

21 Dec Facebook could be building a cryptocurrency for WhatsApp (FB)

Posted at 05:16h in Cryptocurrency News by

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David Marcus

  • Facebook is trying to build a cryptocurrency that would power money transfers on WhatsApp, according to a new report from Bloomberg.
  • The Silicon Valley tech giant is reportedly trying to build a “stablecoin” pegged to the value of the dollar.


Facebook is quietly building a cryptocurrency to power money transfers on WhatsApp, according to a new report from Bloomberg.

Earlier in 2018, amid widespread bitcoin and crypto hype, the Silicon Valley tech giant announced it was launching a blockchain group. The team, helmed by former PayPal and Facebook Messenger boss David Marcus, has since stayed…

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