Is Libra coin released?

Facebook’s digital currency project, formerly known as Libra, plans to launch a US dollar-backed stablecoin around the end of this quarter , per Coindesk. It will be issued via a blockchain-based payment system governed by the Diem Association, which last touted it would launch in January 2021, per TechCrunch.

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What happened Diem coin?

Facebook parent Meta and its partners in the Diem Association pulled the plug on the yet-to-launch cryptocurrency project amid growing resistance from regulators. The Diem Payment Network’s intellectual property and other assets will be sold to Silvergate Capital Corp. 2 Şub 2022

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