Meta Unveils Llama Cryptocurrency for Global Transactions

Meta Inc. has made a significant move in the cryptocurrency space by releasing its new digital currency, Llama, globally on October 12, 2023. This announcement aims to revolutionize online transactions and enhance the digital economy. The Llama’s potential impact on market stability and financial technology is substantial, with analysts observing both excitement and cautious optimism. Meta emphasizes security and user-friendliness in its aim to compete with established cryptocurrencies like Bitcoin and Ethereum.