It's something very interesting to note that Libra global stablecoin, in the announce time was driving so much expectations surrounding it and that actually are becoming nightmares to the involved corporations.

Libra Association initially started with 28 backing up partners and was all very promissing project, that because the regulators have too much doubts related to security and unclear mission of the project, many of those associates start moving out and, despite showing their support it clear that they don't believe in it's concretization.

Until now all the associates who quit from the project, uses the same discuss " they are leaving for now but Believe in the project and will always support it, but for now may concentrate in own projects" oblivious a courtesy way to say " bye and no more linked to you again".

So what to expect from the Libra Global Stablecoin?!

Actually the Team behind it believes badly that they will release the project in the first quarter of 2020, and to prove themselves released a committee composed by five associates that will supervise it, but for me, particularly I believe they won't Launch in 2020.

The Firms that abandoned the ship if we look them, are the ones involved in financial system and, looking deep, there is not another partner linked there that's actually have experience in crypto...being the first the Libra global stablecoin the Crypto!

The partners left are Giants in the Financial service and have experience on the field that was, a great support for the project and the last one, Vodafone also has a e-money services denominated M-pesa that could help the Libra to reach all Africa (M-pesa is widely used in the continent) and I still don't know who gonna substitute them, to project still be launching in 2020.

Not mentioning also, that in Europe the Libra global stablecoin was forbidden until they comes with approved rules that will enables the Euro Nations to understand how to deal with the project!

Well, there are many things to deal with, and if the crew behind it manage to launch it yet this year, they would be warriors... So particularly I don't expect too much from Libra stablecoin, only time can say!

Earn Bitcoin Cash BCH from your Quality Articles here.

Earn 1UP from your Quality Articles here.

*Image from Pixabay.