RT @lawmaster: 8/ Reserves, which back Libra, will be consisted of a collection of low-volatility assets like bank deposits and government…
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8/ Reserves, which back Libra, will be consisted of a collection of low-volatility assets like bank deposits and government securities in currencies from stable central banks like USD, GBP, EUR, and JPY. Libra is not 'pegged' to currencies, it has a floating exchange rate.
— Larry Cermak (@lawmaster) June 18, 2019