Does Libra coin exist?

At this time it was known as “GlobalCoin” or “Facebook Coin”. The project was formally announced on June 18, 2019, under the name Libra . The creators of the coin are listed as Morgan Beller, David Marcus and Kevin Weil (Novi’s VP of Product). The first release was planned for 2020.

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Is Libra coin released?

Facebook’s digital currency project, formerly known as Libra, plans to launch a US dollar-backed stablecoin around the end of this quarter , per Coindesk. It will be issued via a blockchain-based payment system governed by the Diem Association, which last touted it would launch in January 2021, per TechCrunch.

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