Mad Crypto: The stars show Libra is bad news for Gemini dollar

Benjamin Friedrich | The Block

Quick Take

  • Facebook is set to soon announce the launch of its stablecoin, Libra
  • The currency-tied crypto could give Gemini dollar, the Winklevoss’ struggling cryptocurrency a run for its money

This post first appeared in Frank Chaparro’s weekly column “Mad Crypto,” which is sent to Genesis subscribers’ inbox every Monday morning. 

The Winklevoss twins appeared on CBS Sunday Morning this weekend, days before their arch-rival, Mark Zuckerberg, gears up to announce Facebook’s new cryptocurrency. And with poetic timing, Tyler and Cameron told CBS they aren’t worried about the Libra coin launch.