Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust, The Block reported on July 1
In the survey, which included over 600 respondents, four in five people reportedly chose “Unlikely” or “Very unlikely” when asked whether they would purchase Libra. 45% of the respondents explained their unwillingness to buy the coin as due to a lack of trust in Facebook (NASDAQ:FB), unless the company has no access to their transaction data.