However, I think none of those entities would attempt to organize something like Libra without the support of Central Banks. Facebook is taking the lead in the project because it is the one organization capable of reaching a large percentage of the world’s people instantly. Statista estimates Facebook’s social media 2.375 billion users in 1st Quarter 2019. In detail, Statista estimates Facebook itself had 2.32 billion users, WhatsApp had 1.6 billion users, Facebook Messenger had 1.3 billion users, and Instagram had one billion users in April 2019.
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