Will the JPMorgan Chase Cryptocurrency have any Value?

I think Chase wants to create a cryptocurrency that users could cash out through one of its many automatic teller machines (ATMs). Impressively, users can now get cash and even make pay credit card payments at Chase ATMs.
Moreover, an obvious use of JPM Coin will be to send money to ATMs in other countries or get cash from foreign ATMs.

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Who is behind Project Libra and is it a Global Central Bank?

I conclude that the Libra Project is a separate organization from Facebook. Instead of running Libra, Facebook merely participates in it. Why would Facebook set up a separate company for its digital wallet if it controlled Libra?

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