What is the Libra coin?

The Libra coin is still in its infancy, but already the coin is aiming to create better, cheaper, and more accessible financial services. Make sure you keep up to date with Coin Rivet to hear all about this new and exciting digital asset.

Is Libra a stablecoin?

It was a stablecoin, which meant that it would be backed by a basket of assets, which include major currencies and government debt securities, which give the cryptocurrency stability. The blockchain technology behind Libra (and eventually Diem) was sold to Silvergate Capital Corporation in January 2022. How was Libra Supposed to Work?

How to buy Libra coin (LVR)?

Buy a Libra coin. Select Libra coin as an option on the Coinbase’s Buy page, enter the amount you would like to buy, select a payment method as well as the wallet where to deposit funds and confirm the order. Keep in mind, however, that despite the good reputation, cryptocurrency exchanges sometimes get hacked.

What is Facebook Libra?

About Facebook Libra. Libra is built on an open-source blockchain called the Libra Blockchain featuring its own proof-of-stake protocol. The Libra mission is to reinvent money and transform the global economy so people everywhere can live better lives. Backed by a reserve of various assets designed to give it intrinsic value,...