Rebranding Calibra to Novi is Facebook’s latest move in its restructuring of Libra.

Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.

The new starts will work from Facebook’s Dublin office for its Calibra payments subsidiary.

The Libra project is looking to get things off the ground in a different way, applying for a financial license...

Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.