Does Facebook have a crypto coin?

Its value doesn’t fluctuate wildly, there is no mining involved, and it’s not a currency that you can invest in. It’s just a simple stablecoin backed by USD. Using Diem is also a lot easier. Although you can buy Diem Dollars on major crypto exchange sites, you can also simply get them through the Novi wallet .

The Diem project, launched by Facebook as “Libra” in 2019, is shutting down following scrutiny from financial regulators. The so-called stablecoin was to be pegged to the US dollar.

How to buy Facebook Metaverse