the three competitors mentioned can be faster in adoption and only require very active fundamentals, but do not apply to price competition because they only aim at the element of value stability. Coins from the PBOC project will also be hampered by developments outside their country because they have to face different jurisdictions.

Libra has not yet reached the final point on the currency they will use as a benchmark price, and they will be hampered in transaction rights between user countries with a context similar to PBOC above.