All valid questions of which we do not know the answer so far.

However, I would speculate that it will all be tied to FB accounts. That is the only thing that makes sense. How hard would it be, even if you have people sign up for Libra, to have it using the FB account, which opens one up on the back end on blockchain. After all, this is what Leofinance is doing.

Without integration, I agree, it is probably worse than DAI or USDC because people have a lot of trouble trusting FB. There isnt a lot of appeal, I dont think, to those who are in crypto already.

However, this is the masses we are talking about so who knows.

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