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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.

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)