It looks like the Libra Network has real consensus algorithm, real VM, and real PoA governance with real partners. For me, it is quite obvious that the Libra Network will absorb many dapps, Libra stable tokens to be the most used stable coin on Earth.
The vision of Cosmos Network is to connect various blockchains including public&private. I am not sure Libra is public or private, but as I saw it in its whitepaper, the governance structure is quite legimite and decentralized in their fashion(Proof of Authority). Users will feel safe to save at least several thousands of dollars in the network imo.
So, I think the Cosmos validator community has a good amount of responsibility to research and launch a Libra-Peg Zone in the hub as soon as possible.
Therefore I suggest to form a committee of validators to actively research and test, ultimately launch the peg zone together. How do you think?
Edit) after conversations, I admit it is not a good approach to officialize the libra peg zone research at this moment so dropping this discussion for now.