In order to somehow compare these cryptocurrencies with each other, Libra needs to be released first. After all, the conditions for its release and characteristics are constantly changing. So far, one thing is clear: Libra will no longer play the big role that was originally prepared for it. Nor could it have had a significant impact on Bitcoin. Libra is one of the many stablecoins, albeit a bit special. With the emergence of numerous central bank stablecoins such as the digitized yuan, such stablecoins will lose their value. Especially if, following the example of the Chinese government, they prohibit others from using their currencies as collateral for other stablecoins.