Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface.
Most recently, the Wall Street Journal (WSJ) reported that Facebook (NASDAQ:FB) is talking to major payment networks Visa (NYSE:V) and MasterCard to raise a $1 billion for its crypto project, which reportedly entails a stablecoin along with a crypto-powered online payments system.
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