i may be missing something but .. wasn't Libra supposed to be a stable coin??
yes it is a stable coin mate,and also backed up by FaceBook.
you are not missing anything buddy.
The question is, do this project would able to make it through? There were lots of issues towards Libra project which been highly opposed nor blocked by government.
it won't be blocked knowing how popular FaceBook is?of course they will sort then issue before the launch.but profitable?i don't think so since this is stable currency.