Thanks for your reply. Sadly I read similar details as well. So doesn't look like an investment opportunity as I was hoping for.

I am not sure how this differs from Paypal, Venmo, or CashApp aside form the blockchain aspect of this coin. What is the incentive for using Libra versus existing payment apps?

We've seen how SBD failed to be pegged to the USD, so it will be sorta interesting to see how Libra pans out.