<p>Checkout.com, a London-based payments processing platform, has joined the Libra Association.</p> <p>In a blog post on Tuesday, Checkout.com founder and CEO Guillaume Pousaz, <a href="https://www.checkout.com/blog/post/checkout-com-joins-the-libra-association">said</a> blockchain has the potential to bring several benefits to global transaction processing.</p> <p>“I look forward to working with our Libra Association peers to develop this new network and help shape the impact it will have on global commerce,” said Pousaz.<br /> <br /> Notably, Checkout.com is the first payment processor to join the association after U.S. giants Visa, Mastercard and Stripe all <a href="https://www.theblockcrypto.com/post/42979/ebay-and-stripe-drop-out-of-facebooks-libra">withdrew</a> from the stablecoin project last October.</p> <p>The addition of Checkout.com brings the total number of members in the Libra Association to 24. Last week, nonprofit Heifer International <a href="https://www.theblockcrypto.com/post/62454/libra-association-adds-nonprofit-aimed-at-ending-world-hunger-as-latest-member">joined</a> the association.</p> <p>Earlier this month, the association <a href="https://www.theblockcrypto.com/daily/54860/the-libra-association-is-weighing-a-shift-to-a-u-s-dollar-backed-stablecoin">announced</a> several changes to the Libra project. Instead of pursuing a stablecoin backed by multiple fiat currencies in reserve, it will now issue several single-currency stablecoins. A Libra token will still exist but will be a "digital composite" of these single-currency stablecoins. These changes are apparently aimed at easing the concerns of regulators.</p>