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Stable-Coin Series: Heads-up on Facebook's Libra Cryptocurrency

Facebook, the social media giant, officially launched its much-anticipated cryptocurrency today with the launch of its official website and whitepaper. 

The official whitepaper of Libra, which was highly speculated cryptocurrency of Facebook, has been released on libra.org, with additional partners.

The cryptocurrency would be termed as ‘Libra’ and will be designed and developed on the Libra blockchain, as per the sources. Libra is reportedly a stable, scalable open source and the testnet is available on GitHub.

Most importantly, Libra blockchain implements LibraBFT consensus protocol, “a variant of HotStuff Byzantine Fault Tolerant consensus protocol.”

Of late, the interests in the trends of tokenization and stable coins are intensified as more and more.

Profoundly, stable coins in the beginning stage was a product that was quickly developed to answer the demand for digital asset trading, as well as to solve the controversies surrounding fiat trading regulations. We could foresee the prospects of stable coins when all countries could be clear and liberal in their regulations.

Currency Strength Index: FxWirePro's hourly BTC is flashing at 89 (bullish), hourly USD spot index is also inching at 89 levels (which is bullish) while articulating (at 12:00 GMT). 

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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July 2 15:00 UTC Released

DKCurrency Reserves

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449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

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50 %

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48.6 %

January 31 00:00 UTC 765994765994m

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2016 bln ARS

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 777814777814m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 765994765994m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 777814777814m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 765994765994m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 765994765994m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 765994765994m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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