Why Libra Coin Is Not Cryptocurrency and A Stable Fiat Currency?

in #libra • 5 years ago (edited)

Can We Call Libra Coin a Cryptocurrency? As per the information given on Libra White paper, assets run on open source Blockchain called Libra Blockchain and are used via relation to a reserve asset. So this clears that Libra is not cryptocurrrency. Libra Coin is a stable coin backed by basket of currencies and securities. Check in this blog the most and hottest news today in cryptocurrency world here : https://medium.com/kucoinexchange/stable-coin-no-absolute-stability-until-disconnected-from-real-assets-80eb5c34c6be

#stablecoin #cryptocurrency #fiat
5 years ago in #libra by
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