After the ditching of major companies, Libra now adds Shopify to their partner’s list. The e-commerce company platform will become a member of Libra association investing at least $10 Million and operating a node that processes transactions for the Facebook-originated stable coin.
Here are the most critical parts of its announcement:
“Our mission is to make commerce better for everyone and to do that, we spend a lot of our time thinking about how to make commerce better in parts of the world where money and banking could be far better . . . As a member of the Libra Association, we will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere . . . Our mission has always been to support the entrepreneurial journey of the more than one million merchants on our platform. That means advocating for transparent fees and easy access to capital, and ensuring the security and privacy of our merchants’ customer data. We want to create an infrastructure that empowers more entrepreneurs around the world.”