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2019-09-06 14:00:04

JPMorgan says Facebook’s Libra has ‘potential to grow substantially,’ but not without risks

Stablecoins, such as Facebook’s proposed Libra coin, can possible grow, but not without risks, according to JPMorgan analysts. The analysts, led by Joshua Younger, said that stablecoins, and Libra in particular, have the potential to grow “substantially and ultimately shoulder a significant fraction of global transactional activity,” as Bloomberg reported Thursday.The post JPMorgan says Facebook’s Libra has ‘potential to grow substantially,’ but not without risks appeared first on The Block.