It bears mentioning that Libra, in addition to being a cryptoasset, is also basically an ETF!
Which means you can deploy systematic arbitrage strategies that trade on the underlying assets.
Which means @JaneStreetGroup is probably going to make a zillion dollars trading it.
All i know is that the SEC, CFPB, and FDIC are gonna have a fucking field day with this. The SEC in particular, since they've been cracking down on cryptos that are actually just securities products
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and also, if i was an ETF prop trader i would absolutely be licking my chops at this
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