Today ecommerce platform Shopify announced it is joining the Libra Association, the blockchain and stablecoin organization initiated by Facebook. Shopify provides an online storefront to more than a million businesses globally. The Canadian firm says it wants to make commerce better in other parts of the world. It believes this can be helped by making money and banking far better.
In a blog post, the firm said: “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.”
The Libra Association responded by saying: “As a commerce platform helping launch & grow 1 million+ businesses, they will be a valuable partner in bringing financial inclusion to those who need it most.”
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