$10 million for a node for Facebook's coin

According to the Wallstreet Journal, Facebook's upcoming cryptocurrency has found support from giant companies like Uber, Mastercard, Visa, and Paypal.

There have been a few names for the crypto coin circling around, including Facebook Coin, GB coin and Global coin. The latest name is "Libra" after Facebook acquired the trademark for Libra last month.

Rumors have spread that it will cost $10 million to run a masternode on the Facebook blockchain. After reading the news of the Wallstreet Journal, it seems that the giant companies are securing a node on the upcoming blockchain.

The giant social media company could be the catalyst to bring crypto to the masses. With billions of users on the platform itself. Plus they own several other companies like Instagram and Whatsapp, which could expose the Libra coin to 2.7 billion users within a month.