Post
Topic
Board Altcoin Discussion
Re: Libra is planning to launch in January
by
yazher
on 02/12/2020, 10:23:58 UTC
As Facebook's currency Libra is planned to launch in January do you think there will be any impact on cryptocurrencies or it will be just one more stablecoin without significant adoption?
Source https://www.theblockcrypto.com/linked/85882/facebook-libra-first-stablecoin-january

I don't know if such stable coins will an impact on the crypto industries, we already have a bunch of those kinds of coins today. Though USDT is the current dominant stable coin in the crypto market, we wouldn't know if something will happen if Libra finally in the market next year. this is a tight competition because it also came from a giant company. USDT should have some Plan B to think about when their competitor is about listed in the market.