Home Blockchain News Facebook Cryptocurrency Could Raise $19 Billion, ‘Reinvigorate’ Company: Barclays

Facebook Cryptocurrency Could Raise $19 Billion, ‘Reinvigorate’ Company: Barclays

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There’s a massive upside for Facebook entering the crypto space, according to tech analysts on Wall Street. The Facebook cryptocurrency, which will reportedly be used to facilitate cross-border payments and will have stablecoin properties, is worth at least $19 billion in revenue within the next two years, CNBC reports. Google Play Earns $6 Per User — Will Facebook Payments Match That? Ross Sandler is an internet analyst for Barclays. He bases his math on the success of Google Play, which reportedly earns $6 per user. If Facebook has similar usage with its payments platform, its annual revenues will jump by

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* First published on ccn.com

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