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To See Libra's Potential, Look at the Philippines, Not the US

Some have written off Libra as a watered-down project. But you can see its potential in places where Facebook use is high and payment standards are low.

Updated Sep 14, 2021, 8:45 a.m. Published May 26, 2020, 4:08 p.m.
CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)
CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)