Facebook will pay extra to users for viewing ads

Facebook is currently negotiating with dozens of the largest online stores about the possibility of accepting stablecoin

social networks as a payment instrument.The exact details of the negotiations are not disclosed; it is only known that some of the companies will be able to become investors in the new Libra cryptocurrency ecosystem from Facebook.

Facebook's stablecoin will be backed by around $1billion, which the social network specifically raised for this purpose from Visa, Mastercard and payment operator First Data. This will allow Facebook to avoid sharp fluctuations in the value of its cryptocurrency.

The publication notes that in case Facebookwill be able to make the use of Libra massive, this cryptocurrency will be the first mass in the history of the economy. Details of the launch of the project are still unknown, as well as the timing.

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At the same time, the sellers commissions in the Facebook payment system will be lower than the usual 2–3% bank cards. This could lead to a serious banking crisis throughout the world.