About Libra

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 is accessible to everyone with an entry level smart phone and data

Mobile

Libra will be accessible to anyone with an entry-level smartphone and data connectivity.

Stable

Libra is backed by a reserve made to keep its value stable.

Libra transactions are fast - send and receive money quickly

Fast

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.

Scalable

Libra will foster an ecosystem of products and services made to help people use Libra in their everyday lives.

Libra is build on blockchain designed with a security focus

Secure

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.

Libra is Open Source

Open Source

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.

Libra is Scalable

Scalable

Growing the network by adding more validator nodes and coordinating the technical roadmap among the validator nodes.

Libra is Stable

Stable

Securing and managing the Libra Reserve to preserve the stable value of Libra.

Libra Role - Working to evolve and scale the Libra Blockchain

Role

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.

Libra Organization - The founding members are committed to developing and securing the network

Organization

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.

Libra - reinvent money. Transform the global economy. So people can live better lives everywhere.

Founding Members

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.

Payments
Founding Members - Mastercard
Mastercard drop out in Oct. 11 2019
Founding Members - Mercado Pago
Mercado Pago drop out in Oct. 11 2019
Founding Members - Paypal
PayPal drop out in Oct. 4 2019
Stripe drop out in Oct. 11 2019
Founding Members - Visa
Visa drop out in Oct. 11 2019
Technology and Marketplaces
Booking drop out in Oct. 14 2019
ebay drop out in Oct. 11 2019
Founding Members - Facebook Calibra
Founding Members - Farfetch
Telecommunications
Founding Members - Iliad
Founding Members - Vodafone
Blockchain
Founding Members - Anchorage
Founding Member - Coinbase
Founding Members - Xapo
Venture Capital
Founding Members - Andreessen Horowitz
Founding Members - Thrive Capital
Founding Members - Union Square Ventures
Nonprofit and Multilateral Organizations, and Academic Institutions
Founding Members - Creative Destruction Lab
Founding Members - Mercy Corps
Founding Members - Women's World Banking