Commerce Platform Shopify Joins Libra

Libra recorded a win after Shopify made an announcement of its membership. This is a big step forward following the withdrawal of big organizations like eBay, Vodafone, Stripe, and Visa. Also, this move by Shopify contributes nothing less than $10 million and a functional node that handles transaction processes for the Facebook-founded stable coin. Shopify is Libra’s first new member since its creation four months ago. In the blog post released by Shopify, it relays its commitment to the joint effort of establishing a payment network that works globally. If Libra is able to pacify the uneasiness of international regulators, [...]