Facebook has been scrambling to get off the ground a global cryptocurrency payment network, Libra, but challengers are already emerging.
The latest competitor is Metal Pay and its MTL Coin, which received fresh money and a formal kickoff on Monday.
“Metal Pay is what Libra should’ve been, could’ve been. But we’re the real deal,” Erik Finman, a crypto entrepreneur told MarketWatch in an interview on Friday.
“This is the first real competitor to Libra,” Finman claimed. “We’re the anti-Libra,” he said.
Finman has said he has invested an undisclosed sum in Metal Pay platform, which is being led by Marshall Hayner, who helped to develop…