> This project and stablecoins in general have nothing to do with cryptocurrencies. I would disagree, using a central authority to sign transactions and exchan

> This project and stablecoins in general have nothing to do with cryptocurrencies. I would disagree, using a central authority to sign transactions and exchange crypto back to fiat is fine, but the real power of a cryptocurrency is the ability to generate wallets and create transactions without having to register a profile with a central authority. Whether facebook allows that or not would really determine whether they are a cryptocurrency or just a normal bank.