Friday, June 14, 2019

Facebook's Cryptocurrency Finds Backing From PayPal And Uber

Thanks to PayPal and Uber, Facebook's cryptocurrency might actually become a thing.

PayPal, Uber, Visa and Mastercard are reportedly investing around $10 million each in the social network's cryptocurrency. Other investors include Stripe and By agreeing to put money into the initiative, they've become part of a consortium created to govern the digital coin.