Pegging Libra to just the Dollar could soothe regulators, a16z says
https://techcrunch.com/2019/10/11/libra-denominated-in-dolla...
https://techcrunch.com/2019/10/11/libra-denominated-in-dolla...
Baskets of currencies are nothing novel. The problem goes down to whether this is a Facebook-controlled currency (which is troubling, given Facebook’s track record) or a nobody-controlled currency that Facebook profits from (which is troubling, given the money-laundering concerns).