It looks as though Facebook’s Diem is coming to an end before it even launched. Sources close to Bloomberg say the project is looking at selling its assets to reimburse investors and redeploy it...
Tag: Facebooks
Diem Reportedly Trying to Sell Assets—Is This the End of Facebook’s Stablecoin Ambitions?
In brief The Diem Association is exploring ways to sell its assets, per a Bloomberg report. The stablecoin project has weathered regulatory scrutiny and executive departures. Diem Association (formerl...