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Facebook's Libra could easily become bigger than the NZ dollar

Damien Venuto
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Damien Venuto is a business writer for the New Zealand Herald·NZ Herald·
5 mins to read
Facebook's Libra could easily become bigger than the NZ dollar
Facebook's Libra could easily become bigger than the NZ dollar

COMMENT:

Facebook's Libra cryptocurrency could be an abject failure and it would still be more widely used than the New Zealand dollar.

The social media company commands a global user base of 2.7 billion people across its platforms, all of whom could potentially end up using the company's planned currency.

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