There is huge potential for Librea coin as it stands away from other stable coins
How Libra is different from other Stable Coins?
Stable coins like Tether, TUSD, USDC, PAXOS, and others are pegged to a single fiat currency. But in case of Libra, it is not pegged to a single fiat currency, but backed by a basket of assets denominated across 4 fiat currencies: USD, EURO, GBP and JPY.
Libra will be backed by a fiat currency if the following standards set by the Libra Reserve are met:
#1 Only fiat currencies with a free float will be eligible while the ones that are soft-pegged would be redundant in the Libra reserve.
#2 The decision-making process should be tied to either public organizations like Central banks or a free accessible asset like commodities.
#3 The fiat assets must be universally recognized across various jurisdictions to have a programmatically quotable value.