Friday, 24 March, 2023

Facebook backed Libra loses five more partners

<p style="text-align:justify"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><span style="font-size:12.0pt">Facebook&rsquo;s ambitious project to establish a global digital currency called Libra has suffered another severe setback as payments giants Mastercard and Visa along with eBay, Stripe and Mercado Pago have decided to quit the group. This came days after when global digital payment PayPal dropped its support for Libra. Reportedly, PayU, Spotify, Uber, Lyft, and Vodafone are listed among the remaining association members.</span></span></span></p>