Visa, Mastercard, Stripe, and eBay exit Facebook’s Libra project
David Marcus update [1] :<p>Special thanks to @Visa and @Mastercard for sticking it out until the 11th hour. The pressure has been intense (understatement), and I respect their decision to wait until there’s regulatory clarity for @Libra_ to proceed, vs. the invoked threats (by many) on their biz.<p>I would caution against reading the fate of Libra into this update. Of course, it’s not great news in the short term, but in a way it’s liberating. Stay tuned for more very soon. Change of this magnitude is hard. You know you’re on to something when so much pressure builds up.<p>[1]<a href="https:&#x2F;&#x2F;twitter.com&#x2F;davidmarcus&#x2F;status&#x2F;1182775728431087623" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;davidmarcus&#x2F;status&#x2F;1182775728431087623</a>