{"id":"tp-967","type":"article-newspaper","title":"Facebook to join stablecoin bandwagon? Report suggests new dollar-pegged crypto in the works","author":"Jean-Luc Leese","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/967","datePublished":"2018-12-24T01:05:27.000Z","dateModified":"2018-12-24T01:05:27.000Z","language":"en","abstract":"Social media behemoth Facebook is reportedly working on a cryptocurrency pegged to the U.S. dollar to facilitate money transfers on messaging app Whatsapp.","section":"Business","references":[{"title":"Bloomberg","url":"https://www.bloomberg.com/news/articles/2018-12-21/facebook-is-said-to-develop-stablecoin-for-whatsapp-transfers"},{"title":"top remittance recipient","url":"https://www.worldbank.org/en/news/press-release/2018/04/23/record-high-remittances-to-low-and-middle-income-countries-in-2017"},{"title":"tweet","url":"https://twitter.com/APompliano/status/1075951717399838722"},{"title":"quietly building up its blockchain team","url":"https://cheddar.com/videos/facebook-blockchain-group-on-hiring-spree-for-cryptocurrency"}]}