New Blog: Libra Developers: The Path Forward

From the beginning, the goal of the Libra project has been to enable a simple global payment system and financial infrastructure that empowers billions of people. Since our initial June 2019 announcement, we’ve worked closely with regulators, central bankers, elected officials, and various stakeholders to shape an innovative approach to using blockchain technology to support a regulated, licensed payment system.

Our updated white paper and accompanying cover letter outline the significant work we have done on the design of the Libra payment system since June 2019, including:

  • Marrying blockchain technology with accepted regulatory frameworks.
  • Offering single-currency stablecoins in addition to the multi-currency coin.
  • Phasing the rollout of the Libra network.

Read the full blog here.

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