BitMEX CEO: Libra is not a cryptocurrency, it will destroy all stable coins

According to AMBCrypto, recently, BitMEX CEO Arthur Hayes commented in this month's BitMEX crypto dealer digest that Libra is not a cryptocurrency. Libra will destroy all the stable coins. “Libra may put commercial banks and central banks at a low level, which may reduce their effectiveness in regulated digital legal currency warehouses. This is what these institutions should do in the digital age,” he said.