Diem Scales Back, Sets Eyes on a US-Backed Stablecoin

Name: Diem Scales Back, Sets Eyes on a US-Backed Stablecoin
Uploaded: 2021-05-26T18:16:45Z
Duration: 9 min 596 s
Description: Diem, the cryptocurrency formerly known as Libra, started off with ambitions to create a global crypto tied to a basket of currencies from around the world, but Diem has since transitioned to a new model to develop a U.S. dollar-based stablecoin.

May 26, 2021

Diem, the cryptocurrency formerly known as Libra, started off with ambitions to create a global crypto tied to a basket of currencies from around the world, but Diem has since transitioned to a new model to develop a U.S. dollar-based stablecoin.

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