Checkout.com, in a recent blog post, says that it understands the role payments play in modern society, suggesting that it will throw its weight behind worthy projects. It says the Libra is a great way to promote blockchain technology and reach more people.
Checkout.com is backed by DST Global, Blossom Capital, Singapore’s sovereign Wealth Fund, Endeavor Catalyst, and Insight Partners who were part of a 2019 fundraising round. Because Checkout.com already focuses on payments, its inclusion in the Libra Association could be quite the forward leap for the company.
The Libra Association announced last month that the Libra will now be digital versions of different fiats, backed severally.