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RE: Libra- All about Upcoming Facebook’s Crypto ≋
Hi ahmedaam
No asset can be stable, Stable here means it wont be volatile much and market action by company will try to put price same. USD has its own limitations, you cannot just send it to anyone overseas. Wire transfer @ usual 25USD fee is a hurdle.
Its use case are limited but its far different from USD.
Yes, l got it.
You mean its price will be sort of fixed but its mean purpose is to reduce the fee of money transfer.
Thanks for the clarification.