Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift

Digital currency group Diem Association, formerly known as Facebook's Libra project, plans to launch a US dollar stablecoin as it scales back its global ambitions to focus on the United States, the group said.

source https://gadgets.ndtv.com/internet/news/facebook-diem-libra-cryptocurrency-stablecoin-us-launch-global-plans-scale-back-2440715#rss-gadgets-all

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