Head of Calibra: Libra's design is essentially a good medium of exchange that will reduce cross-border payment barriers

David Calicus, head of Facebook Calibra, said that other cryptocurrencies are currently "investment tools or investment assets, not a good medium of exchange. Libra's design is essentially a good medium of exchange and a very high quality. The form of digital currency can be used for daily payments. Marcus said Libra will reduce barriers to cross-border payments.