The Swiss Libra Association may launch several stablecoins tied to different fiat currencies at once, Reuters reports with reference to the words of Calibra CEO David Marcus.
Speaking at a banking seminar in Washington, Marcus allegedly stated that instead of a single synthetic currency, Libra can include stablecoins based on the dollar, euro, British pound and other currencies.
At the same time, according to the manager, this proposal is still an idea, not a preferred concept.
The launch of the Libra digital currency is still scheduled for June 2020, but regulators may affect the timing, Markus said.
He also said that the group’s main goal remained to create a more efficient payments system, but it was open to looking at alternative approaches for the currency token it would use.
Last week, the Libra Association approved the charter of the organization and the composition of the board of directors, despite leaving the project PayPal, Mercado Pago, Visa, Stripe, Mastercard, Booking.com and eBay.