Vice President of Bank of China: "LIBOR" is about to end, "Libra" is about to go on stage

Wu Fulin, deputy governor of the Bank of China, believes that "LIBOR" is about to end, "Libra" is about to enter the stage, the international financial and international monetary systems are facing deep changes, a new era is coming, and the problem has just begun. The competition that financial markets may face may It is the competition between "algorithm and computing power".
Note: LIBOR refers to the London Interbank Offered Rate, which is the interest rate required by a large international bank when it is willing to borrow from other large international banks.