Diem

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Libra is a global, digitally native, reserve-backed cryptocurrency built on the foundation of blockchain technology. People will be able to send, receive, spend, and secure their money, enabling a more inclusive global financial system.
The unit of currency is called Libra. The aim is to make Libra as widely accepted and as easy to use as possible to create a currency that people can use with confidence and convenience in their everyday lives.
Unlike the majority of cryptocurrencies, Libra is fully backed ... by a reserve of real assets. A basket of currencies and assets will be held in the Libra Reserve for every Libra that is created, building trust in its intrinsic value.

The Libra mission

A simple global currency and financial infrastructure that empowers billions of people.
Reinvent money. Transform the global economy. So people everywhere can live better lives.

Libra is for everyone
Moving money around the world should be as easy and cheap as sending a text message. No matter where you live, what you do, or how much you earn.

Founding Members of Libra Association:

- Mastercard
- VISA
- PayPal
- PayU
- Stripe
- eBay
- Uber
- Spotify
- Vodafone
- Coinbase

Libra is a project of facebook subsidiary.
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