Following China, Coinbase CEO wonders if the US governments plan on launching a stablecoin. Coinbase CEO discusses the possibility of the US government launching a state-backed stablecoin Facebook’s Libra has been the center of attention ever since its announcement earlier this year. The stablecoin project allegedly is aiming to create a private global economy. The project has terrified more than a few regulators across the globe. Now countries such as France, China, India, Japan, and Germany are either trying to block it or are urging for a cooperative framework that reduces the collateral os such a project. Coinbase CEO is
