Originally, Libra was meant to be a digital token backed by a basket of currencies from around the world, but regulators quickly halted that idea . So a simplified design was created, pegging a rebranded Diem token to the US dollar.
Originally, Libra was meant to be a digital token backed by a basket of currencies from around the world, but regulators quickly halted that idea . So a simplified design was created, pegging a rebranded Diem token to the US dollar.