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What currency do libra coins use?

When new Libra coins are created they must be purchased using fiat currency such as US Dollars or Euros, which will eventually go into the Libra Reserve. Only by purchasing more Libra with fiat will more Libra coins be created.

What is Libra cryptocurrency?

The Libra cryptocurrency was intended to be used as a simple, low-fee global blockchain-based digital currency. It was envisioned to be digital money on your phone, which can be used to pay for any purchase where the cryptocurrency is supported.

What is a Libra investment token?

The Libra Investment Token allows new members to join the Libra Association and own a stake in the network and contribute as a validator node. Libra plans to eventually develop an open identity system on the network. How is Libra produced?

What is Libra stablecoin?

The Libra stablecoin will be programmable using a specially developed smart contract programming language called Move. The Libra Investment Token allows new members to join the Libra Association and own a stake in the network and contribute as a validator node. Libra plans to eventually develop an open identity system on the network.

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