Facebook's stablecoin, which will be reportedly announced later this month, is gaining media attention. According to CNBC, LinkedIn profiles suggest that over 100 people are currently working on the social network's project.
Besides, it appears that Facebook has not yet finalized its recruitment process, since there are still 40 vacancies available in the team's business unit.
According to the job postings published by the company, the aim of the project is to offer a public service focused on accessibility:
"Our ultimate goal is to help billions of people with access to things they don’t have now - that could be things like healthcare, equitable financial services, or new ways to save or share information."
Why it is important
- Yesterday we reported that Facebook plans to integrate its new stablecoin as a payment tool to Messenger, Instagram and WhatsApp.
- Facebook's crypto project has made several headlines since it became known. The latest news suggested that the U.S. Commodity Futures Trading Commission (CFTC) was in talks with Facebook about its stablecoin.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.