Facebook's Libra will be considered a stablecoin because it is designed to maintain a stable value by being backed by a reserve of real assets, such as a basket of fiat currencies and government securities. This backing aims to reduce volatility, a common issue with other cryptocurrencies. In the context of stablecoin development, Libra's structure ensures it can provide a reliable medium of exchange and store of value, making it suitable for everyday transactions and financial inclusion efforts.
Facebook's Libra will be considered a stablecoin because it is designed to maintain a stable value by being backed by a reserve of real assets, such as a basket of fiat currencies and government securities. This backing aims to reduce volatility, a common issue with other cryptocurrencies. In the context of stablecoin development, Libra's structure ensures it can provide a reliable medium of exchange and store of value, making it suitable for everyday transactions and financial inclusion efforts.