HAS FACEBOOK CHANGED ITS MIND ABOUT LAUNCHING ITS OWN CRYPTOCURRENCY?

JAck745

Banned
Jul 20, 2021
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The company Novi Financial, owned by Facebook and engaged in the development of a digital wallet, is negotiating cooperation with third-party issuers of stablecoins, The Block reports, citing its own sources. Among the potential partners of the project are Circle and Paxos. This may mean that the corporation has finally moved away from the idea of issuing its own cryptocurrency

Does this mean that the release of stablecoin will not happen in the near future?
Given the totality of data security scandals, can this stalecoin be considered potentially unreliable in advance?