Too Long; Didn't Read
Libra project raised market’s attention to stablecoin to an unprecedented level. Better designed and more feasible stablecoins can be brought to the market. Since Libra's project scope is too large, it assumes a lot of risks, but there is a big uncertainty in its future. Stablecoin minting based on collateralized digital assets is still very remote. The value base of current currencies and the circulation mechanism is very easy to mint stablecoins technically these days. There are already many stablecoins in the market, and there will be more to come.