Facebook Gives Up On Lofty Stablecoin Ambitions As Diem Sells Assets To Silvergate For $200 Million
28 January 2022 - 7:33AM
ZyCrypto
Facebook’s ambitious cryptocurrency project has met an
unceremonious end. Recent reports reveal the Diem Association will
be selling the technology behind Diem stablecoin to NYSE-listed
crypto bank Silvergate Capital. Facebook Controversial Diem Project
Is Dead ZyCrypto reported earlier that the Diem Association, the
Facebook-led group looking to create a stablecoin, was mulling to
sell off […] ...
Continue reading Facebook Gives Up On Lofty
Stablecoin Ambitions As Diem Sells Assets To Silvergate For $200
Million
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Facebook Gives Up On Lofty Stablecoin Ambitions As
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