<p>Blockchain Capital has joined the Libra Association as its twenty-seventh member.</p> <p>Announcing the news on Friday, the association <a href="https://libra.org/en-US/updates/blockchain-capital-new-member/">said</a> Blockchain Capital would assist with building a blockchain-based payment system to support financial services innovation.</p> <p>The newest addition comes three months after the Facebook-led project <a href="https://www.theblockcrypto.com/post/65313/libra-new-members-temasek">added</a> Singapore investment giant Temasek and venture firms Paradigm and Slow Ventures as its members. Notably, <a href="https://libra.org/en-US/association/#the_members">Tagomi</a> is no longer listed as an independent member of the association as the company was recently <a href="https://www.theblockcrypto.com/post/66479/coinbase-tagomi-acquisition">acquired</a> by Coinbase, which itself is a member.</p> <p>Libra has been gearing up to launch its stablecoins following the release of an <a href="https://www.theblockcrypto.com/post/62095/libra-multi-currency-shift-central-bank-digital-currencies">updated white paper</a> and <a href="https://libra.org/en-US/updates/finma-payment-system-license/">applying</a> for the payment license from Switzerland's Financial Market Supervisory Authority (FINMA). On Thursday, the association also <a href="https://www.theblockcrypto.com/linked/78001/libra-association-hires-former-hsbc-veteran-head-stablecoin-project">announced</a> the hiring of former HSBC European CEO James Emmett as the managing director of Libra Networks — the association's operating company subsidiary.</p>