The hype regarding Facebook cryptocurrency is not going to come down anytime soon. According to a recent report from CNBC, the social media giant may launch its crypto in June itself. It may also roll out a part of the salary of its employee as crypto.

Facebook is apparently in discussion with third-party firms to act as nodes to manage the transactions. The cryptocurrency will integrate as a payment tool on WhatsApp, Messenger, and Instagram. The crypto will also be accessible through ATMs.

Last month Facebook registered a firm Libra Networks which will probably work on the cryptocurrency. It even acquired Libra trademark rights. Earlier rumors suggested that the social media will launch its cryptocurrency in Q3 of 2019. Apparently, Facebook was looking for an investment of $1 billion for this project. Also, it was in discussions with Visa and MasterCard for the crypto project.