The Libra stablecoin from Facebook is planned to be launched this year but many reticence are surrounding the Project.

Since it's announced in the middle of 2019 start facing huge battles to pass their idea of worldwide system of payments involving their stablecoin backed by various Fiat Currencies in their "basket".

The Regulators authorities are still denying it's presence allegedly because the project can broke the financial stability of the sovereign Currencies special in Europe,where France was the first Country to impose the restriction of the project I the E.U zone and took them to approve a restriction to Global digital stablecoins.

Mark Zuckerberg attended various commissions of enquires to understand better how the Global payment system will work and how safe the privacy and customers money will be Held! All the enquires wasn't successful due to "understanding'' between the Parts.

This led to some of the companies that backed the project to withdraw their support and wishing luck to the project,but leaving it to accomplish their own projects...the cases of Paypal, stripe ,Visa and Mastercard!

The Polemics surrounding the Libra stablecoin still on,and as the Libra Association promised 2020 they will Launch the Coin... and we are here to see it happen, waiting very patiently to see the closure of this Novel! 

One thing to be sure,if the US authorities don't support it ...the Chinese Central Bank will promote it!!

This will be interesting to follow👌.