Shopify joins Facebook’s cryptocurrency Libra Association

Shopify joins Facebook’s cryptocurrency Libra Association

4 years ago
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https://techcrunch.com/2020/02/21/shopify-libra/

After eBay, Visa, Stripe, and other high-profile departures, the Libra Association scored a win today with the addition of Shopify. The ecommerce platform will become a Libra Association member, contributing financially and operating a node that processes transactions for the Facebook-originated stable coin.

Shopify stressed that helping merchants reduce fees and bringing commerce opportunities to developing nations as reasons it’s joining the Libra Association. Here are the most critical parts of its announcement: