Social media giant Facebook is preparing to bring Libra cryptocurrency or stablecoin by the beginning of 2021. The Financial Times quoted sources close to the project as saying.
The Facebook-led Geneva-based Libra Association plans to launch Libra in January, according to the report. The company is preparing to launch a dollar-based digital coin
The report also said that other traditional currency-based coins would be introduced later, despite the Libra Association's new plan.
The Libra Association did not immediately comment on the plan
Last April, the Libra Association proposed bringing these digital coins. The project has been delayed several times due to policy and political opposition
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