the coin that will be pegged to a basket of global currency such as the u.s. dollar the euro and the british pound is shielded from fluctuations that have hit bitcoin for example so will it catch on facebook is betting on its 2400000000 you're going to see that number there 1000000000 monthly users to make it easy to forge a new marketplace for streamline purchases and exchanges well here's what facebook c.e.o. mark zuckerberg had to say earlier today about the project i believe that it should be as easy to send money to someone as it is to send a photo. so we're already testing this and india with about a 1000000 people it's been used a lot in the feedback so far is great and we're already working on rolling this out in a number of other countries later this year all right that was mark zuckerberg speaking