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Facebook Chases Square Into the Peer-to-Peer Crypto Market

Facebook Chases Square Into the Peer-to-Peer Crypto Market — The Motley Fool

( Facebook NASDAQ:FB) could soon launch its own cryptocurrency for peer-to-peer money transfers in WhatsApp according to Bloomberg. The service could use a “stablecoin”, or a cryptocurrency which is pegged to a fiat currency to avoid the volatility of “unpegged” cryptocurrencies like bitcoin. Leo Sun owns shares of Facebook and Square.







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