Major Credit Rating Agency Fitch Drums Up Support for Facebook’s Fiat-Backed Libra

Coinspeaker Major Credit Rating Agency Fitch Drums Up Support for Facebook’s Fiat-Backed LibraLast week Facebook unveiled the much-awaited Libra coin whitepaper. The wave of interest in the crypt continues to rise around the world. It seems the big and mighty are joining the party with Libra getting a new and powerful ally in Fitch. The large credit rating agency published its support in a recent report.The question comes; why is Fitch interested in Facebook’s Libra? It considers the fiat-backed status of Libra as a major security point. This Agency acknowledged

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