Libra project will reach 100 members by the time it launches despite dropouts, group executive says

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Libra project will reach 100 members by the time it launches despite dropouts, group executive says
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A top executive from the association overseeing Facebook's cryptocurrency project said he is 'confident' 100 members will join the group by the time the digital currency launches.

Many of the established payments players who had originally committed to the project, including Visa and Mastercard, have dropped out in recent days.

A visual representation of a cryptocurrency coin on display in front of the logos for Facebook and Libra.A top executive from the association overseeing Facebook's cryptocurrency project said he is "confident" 100 members will join the group by the time the digital currency launches, despite a recent string of high-profile departures.

"There's only one Visa, one Mastercard, I will not tell you that we have the equivalent, but I will tell you that we have reputable companies that are also very active in the financial and banking space," Perez said.

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