The Libra mission
A simple global currency and financial infrastructure that empowers billions of people.
Reinvent money. Transform the global economy. So people everywhere can live better lives.
Libra is for everyone
Moving money around the world should be as easy and cheap as sending a text message. No matter where you live, what you do, or how much you earn.
Libra will be accessible to anyone with an entry-level smartphone and data connectivity.
Libra is backed by a reserve made to keep its value stable.
Libra transactions are quick and easy, no matter where you are sending, or spending, your money.
For the world
Libra is a global cryptocurrency that will be available around the world.
Libra will foster an ecosystem of products and services made to help people use Libra in their everyday lives.
Libra is a cryptocurrency, built on a blockchain designed with security in mind.
The Libra Association
The Libra Association is an independent, not-for-profit membership organization, headquartered in Geneva, Switzerland.
Fostering an open-source community to spur the development of a robust ecosystem of financial products and services that allow people to use Libra in their everyday lives, around the world.
Growing the network by adding more validator nodes and coordinating the technical roadmap among the validator nodes.
Securing and managing the Libra Reserve to preserve the stable value of Libra.
The Libra Association works to evolve and scale the network and reserve and leads a social impact grant-making program that supports financial inclusion efforts worldwide. The association collaborates with the global community and partners with policymakers to help further the Libra mission.
The Libra Association is made up of a group of diverse organizations from around the world. The Founding Members of the association each run one of the validator nodes that form the network that operates the Libra Blockchain. One of the association’s directives will be to work with the community to research and implement the transition to a permissionless network over time.
This initial group of organizations will work together to finalize the Libra Association’s charter and will become the association’s Founding Members upon its completion.
Technology and Marketplaces
Nonprofit and Multilateral Organizations, and Academic Institutions
- Official Libra White Paper (Rev0723)