Libra is targeted at developing countries

In addition, Facebook’s Libra is designed to be a place to hold users’ funds, as well as allow people to exchange money. Libra is intended to integrate with Facebook Messenger and WhatsApp so its users can also send money back and forth just as easily as they send text messages. Libra’s other partners include financial and technology giants like Visa, PayPal, Spotify and Uber, who are equally experienced at providing users with easy including the Libra, can prove attractive to consumers and businesses in economies suffering from high inflation, high interest rates and unstable currency exchange rates.

Source: www.iafrikan.com