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Facebook Seeking Raise $1 Billion For Stablecoin

Liang CHE

Summary: According to news from Twitter, "New York Times" technical journalist Nathaniel Popper has repeatedly published a tweet saying that social media giant Facebook is seeking to raise up to $1 billion in external funds for its cryptocurrency project. . According to sources, Facebook is targeting venture capital's "up to $1 billion in funding" to support ...

According to news from Twitter, "New York Times" technical journalist Nathaniel Popper has repeatedly published a tweet saying that social media giant Facebook is seeking to raise up to $1 billion in external funds for its cryptocurrency project. . According to sources, Facebook is targeting venture capital's "up to $1 billion in funding" to support its stable currency, and Facebook will use these funds as collateral to support its tokens.

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