Despite convertibility issues, Facebook’s Libra will be a dominant stablecoin, opines Thomas Lee

Thomas Lee, Head of Research at Fundstrat Global, spoke to CNBC about Facebook’s Libra Blockchain. He also opined on how it would affect the cryptocurrency space, especially Bitcoin, stablecoins, and the field of decentralized finance. Lee said that Facebook’s announcement was a “complete validation” of the fact that institutional eyes had shifted to cryptocurrency, contradicting […]

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