About 71% of German citizens are skeptical towards Facebook’s Libra stablecoin, while only 12% welcome it, according to a survey published by German financial association Bürgerbewegung Finanzwende on July 23.
Notably, the survey also showed that almost every one of the 2,093 German adults surveyed had an opinion on the matter, with only 17% saying that they are not sure what to think about the stablecoin. Furthermore, 52% of the respondents also pointed out that Facebook’s impact on society is already problematic today, and over a quarter (26%) stated that they believe further growth of the company would further increase its negative influence.