In a recent interview the former president of Hedera Hashgraph said that the stablecoin Libra has the potential to bring about a complete shift in the power status quo that we know of today. Amid severe backlash and heavy scrutiny, it appears that Facebook’s beloved project of stablecoin Libra is far from getting released anytime soon. Just earlier this month, the German Central Bank President, Jens Weidmann, remarked that a carefully devised plan to launch an alternative to Libra, that is not only cost-effective but also executes transactions much faster, will entirely eliminate the need to turn to Libra, which
