The Chinese government is doing everything right, there they primarily care about the interests of their own state. This position has brought China into a superpower with a powerful economy, using the most advanced technologies. The appearance of their national stable coin CBDC is a very timely and necessary step for the development of China. In my opinion, this coin will be much more useful and promising than Libra would be. China's stable coin has a great future. At the same time, it is also a good step towards the recognition of the entire cryptocurrency.