Libra Association Vice Chairman: Libra is building a governance model to disrupt the remittance payment industry

Liante Association Vice President Dante Disparte said in an interview that the existing payment system is like a "walled garden." Disparte asserts that there is not much competition in remittance channels and that existing remittance channels are either "a big monopolist or a duopoly operator" that controls these remittance channels. Speaking about the prospect of Libra developing this field, he said: "If we provide digital wallet providers with interoperability opportunities, it will be a major game change for the world. Doing this means of course you We must go through the process we are going through now-to build a governance model that can withstand the variability and rise and fall of any organization and association, but also a model that can achieve the regulatory standards that protect consumers. "