Libra Hasn’t Abandoned Multi-Currency Stablecoin: Policy Director

[Nostoman]

A Libra executive has confirmed the project has not lost sight of its original ambition to launch a multi-currency stablecoin.

Speaking at the Global Digital Finance virtual summit Wednesday, Libra Director of Policy Julien Le Goc said the Facebook-backed entity was still looking at its original plan: "We’ve not abandoned the multi-currency stablecoin, drawing its DNA from the [International Monetary Fund's] special drawing fund, which remains an important design feature."
Source: https://www.coindesk.com/libra-hasnt-abandoned-multi-currency-stablecoin-policy-director

[upyem2k]

I hope this is real. We have not been hearing much about this form sometimes now until lately. And series of project are springing up that we don't know if they are actually related to libra.
I can say of Uplibra and Libra Dragon Token.

[Alcor]

As far as I know, it was a large basket of currencies to support Libra that scared the regulators and they together opposed its appearance. Either the team on the creation of Libra continues to take risks, or the regulators, and especially the USA, have changed their minds. The reason may also be that the Libra project is gradually losing its significance in connection with the upcoming massive appearance of stable state coins, such as the Chinese digitized yuan.

[Senin]

It seems that it is the desire to provide Libra with a large basket of various currencies that creates big problems for this project with the possibility of its birth. Already even some experts say that Libra will never be released. So it or not, time will tell.

[damsix]

Julien Le Goc must have understood well for the future of LIBRA because indeed every day he wrestles in the development of LIBRA and it is also certain to understand the basic principles of crytpocurrency.
Then Julien Le Goc is very detailed at all for the issue of stable coins because LIBRA is indeed supported by a big company, Facebok, so if it is not stable then Facebook shares on Wall Street will be easily destroyed.

[kent47400]

In my opinion Mark Zuckerberg is only playing with LIBRA because LIBRA has not been seen so far, even though his vision and mission have been explained in various media.
Does LIBRA have to give FUD advance in advance for this because it wants stable or unstable coins to give no chips to get up.

I don't mind whether LIBRA wants to be a stable coin or not because LIBRA certainly has its own characteristics "if" until launching takes place in the market.

[vaysar]

Everyone is afraid of Libra, the main complaint of the international community is the privatization of public money by a global, private company. States are afraid that this could shake the existing balance in world currencies and strike a blow at national banking systems. But Libra will still be, sooner or later, but it will happen