Since its December announcement that it was launching a stable coin for its WhatsApp users (which will be pegged to various currencies rather than just the dollar), the company has continued to hire blockchain experts and now has 20 career listings open for its growing blockchain team.
While Facebook is ramping up external hires for its blockchain team, the company has also made many internal hires. In fact, Facebook’s blockchain team is composed mostly of internal hires plucked from other Facebook product teams including Instagram, WhatsApp, Messenger, and Oculus. A LinkedIn search also shows that the blockchain team has swelled to over 60 employees with approximately 60 percent focused on product and engineering. The remaining 40 percent are in operations, marketing, and recruiting.