Android Studio used to generate PNG files for the launcher icons but with the last version, when you create a new project, the default launcher icons inside the mipmap folders are in WEBP format.
I tried to find anything about it but this change is not addressed anywhere. The thing is that if you try to add a new image asset and replace these icons, the generator will create PNG files and you'll have to manually delete the WEBP files.
So, what should one do? Does the Asset Studio have an option for exporting them as WEBP? Is WEBP actually better than PNG (specially for older devices, say API level 21)?