Welcome to the world of facts and news: Facebook-Backed Cryptocurrency Project Diem to Launch US Stablecoin in Major Shift

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.

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