In other words, the sensational stable coin of Libra will never appear. This was to be expected after regulators and the US Congress sharply criticized this coin, and European Union finance ministers directly stated that they would forbid its circulation in their countries. After that, for almost a year, little was heard about this coin, although Zuckerberg still announced that it was being prepared for release.
This scandalous project pushed the states to issue their national stable coins and, perhaps, this circumstance also served as one of the reasons for the collapse of this project.