According to Bloomberg, Facebook’s is working on creating a new cryptocurrency with an initial focus on remittances in India. The new cryptocurrency will allow users to transfer money on WhatsApp, the popular messaging application owned by Facebook. Facebook’s New Stablecoin Facebook Inc.’s cryptocurrency in development is said to be a stablecoin pegged to the US dollar. […]Sources Claim Facebook Is Developing a Cryptocurrency for WhatsApp Transfers was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
