Libra: we will continue to work successfully without PayPal, Visa, and Mastercard

David Marcus, CEO of the blockchain direction of Facebook, is sure that despite the departure of seven key partners from the Libra Association - PayPal, Visa, Mastercard, Stripe, eBay, Mercado Pago, and Booking - the project will continue to develop successfully. And those who left Libra now will return sometime after the launch.

Also, Marcus emphasized that the above-mentioned companies will continue to provide their services to the project, even without being members of the association - leaving does not mean breaking the cooperation. As an example, CEO Libra indicated the possibility of issuing cards for the Calibra payment system by Visa and Mastercard.

Marcus stressed that the main reason for the partners to leave the project, in his opinion, is no pressure from the US financial regulators, but the reluctance to take part in the launch of the cryptocurrency, which in itself implies serious responsibility to shareholders.

Recall, it became known earlier that 1,500 companies are already applying for Libra's retired partners, 180 of which fully meet Facebook’s selection criteria.