Earlier this month, Facebook announced their cryptocurrency solution will utilize Libra. Scheduled to be in place in 2020, Libra currency will allow end-users to perform financial transactions — like buying things or sending funds to another user — with little to zero fees.
In a pseudo-anonymous fashion, the expectation is that Libra holders can use their Libra via integrations with third-party wallet applications to purchase goods. When ready to convert Libra to physical currency, there will be a number of brick-and-mortar locations — like grocery stores — accepting Libra and providing local currency exchange services.