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Facebook is developing a stablebcoin for WhatsApp users

Bloomberg reports that now Facebook is developing a stablecoin, which will be pegged to the US dollar and is intended for WhatsApp users.

It is known that Facebook will launch the service in India, because in this country there are 200 million active WhatsApp users. And in 2017, the volume of remittances amounted to $ 69 billion. This is the first place in the world.

The company is also developing solutions for foreign exchange reserves based on stablebcoin.

It is worth recalling that recently on Facebook Inc. 5 vacancies for blockchain experts were opened. The company is looking for an engineer and researcher according to the data, managing a team of experts of the blockchain industry.

For decisions on the blockchain in the company responsible ex-president of PayPal, David Marcus. Previously, he served on the board of directors of Coinbase, a US cryptocurrency company.

  

In 2018, the number of cryptomattes doubled

Despite the long bear market, the number of Bitcoin ATMs in the world has doubled.

These machines were most actively installed at the beginning of this year, DataLight reports. It was then that the cost of many cryptoactives was higher. According to analysts, in 2018 this sphere was actively developing and on average 6 cryptomattes appeared daily in the world.

There are 4,000 cryptomatics in the world now. Most of them have the function of buying Bitcoin. Also, almost all devices support liquid altcoins, including Litecoin, Ethereum, Bitcoin Cash, Dash, Monero, Dogecoin and Zcash.

 

CEO Binance: 2018 - the year of the cryptocurrency market correction

The head of the Bitcoin exchange Binance Changpen Zhao is positive about the future cryptocurrency market.

In an interview with Bloomberg, Zhao said that he considers 2018 a “year of correction,” and is confident in the future growth of the cryptocurrency industry. Developers who create applications for “real use cases” that affect the mass adoption of cryptocurrencies will take part in this.

Zhao shared the information that the corrective rally did not disrupt the company's plans. Binance has already launched a Fiat-enabled exchange and will open a few more next month. And in 2019, Binance is preparing to launch more than ten trading platforms that will support fiat assets.

The head of Binance stressed that the company's plans have not changed, it still moves only forward.

Regarding the regulation of the digital currency market, Zhao said that the crypto industry requires clarity. Regulation should not hinder innovation in this area, but only help them.

 

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