Details about Facebook Coin have become known.

The white pages of the Libra project created by Facebook will be presented this month. According to Gartner, almost 75% of the energy used for mining will be “green”, and the blockchain will generate $ 3.1 trillion.

Facebook’s cryptocurrency project, previously submitted as GlobalCoin, and now declared as Libra, will release a white paper on June 18. It explains the key aspects of cryptocurrency operations. According to some sources, Libra will indeed be a stablebcoin, but instead of being tied to a single currency, it will be associated with a basket of coins, which will avoid volatility.

The launch is scheduled for 2020, at this time there will be integration with services belonging to Facebook, for example, WhatsApp. The not-yet-running coin has already begun to shake crypto space. Igor Sechin, CEO of Rosneft, a large Russian oil company, included steblecoin during his speech at the St. Petersburg International Economic Forum. He believes that the asset is quite realistic to use for the settlement of oil contracts.

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