Facebook's Libra faces support test after payment giants jump ship

Small toy figures are seen on representations of virtual currency in front of the Libra logo in this illustration picture, June 21,2019. REUTERS/Dado Ruvic

LONDON (Reuters) - Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the ambitious project to bring digital coins into mainstream commerce suffered a severe setback when major payment firms quit.

Mastercard and Visa abandoned the Geneva-based Libra Association on Friday, as did eBay, fintech startup Stripe and payments company Mercado Pago.