Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project

In 2019, Meta announced a blockchain initiative that evolved into Libra, a proposed consortium of companies including Uber and PayPal that would launch a stablecoin backed by a basket of fiat currencies. After renaming the project Diem, Meta abandoned it in early 2022 under scrutiny from regulators. Meta sold Diem’s assets to the crypto-friendly bank […] The post Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project appeared first on NOCASH ® de 24 ani.

Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project

In 2019, Meta announced a blockchain initiative that evolved into Libra, a proposed consortium of companies including Uber and PayPal that would launch a stablecoin backed by a basket of fiat currencies. After renaming the project Diem, Meta abandoned it in early 2022 under scrutiny from regulators. Meta sold Diem’s assets to the crypto-friendly bank […]

The post Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project appeared first on NOCASH ® de 24 ani.