Crypto News Bulletin from cryptonewsz

Monday September 23, 2019 9:30 AM
2 hours 8 minutes ago

USD to Lead a Group of Fiat Currencies Backing Libra


As per the reports, Facebook’s cryptocurrency, Libra will be backed by 50% by the US dollar and the rest by Japanese Yen (comprising 14%), Euro (comprising 18%), Pound Sterling (comprising 11%) and Singapore Dollar (comprising 7%). Chinese Yuan has not been included in the list till now. Facebook’s Libra is considered as the most popular …The post USD to Lead a Group of Fiat Currencies Backing Libra appeared first on CryptoNewsZ.

Fiat|Asia