Since Diem is a stablecoin, its value doesn’t fluctuate wildly like many other types of cryptocurrencies. While the value of currencies like the dollar can fluctuate gradually over time, day-to-day it remains relatively stable making it a reliable stable asset .
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Facebook intended Diem to be a stablecoin which, as the name implies, is a type of cryptocurrency designed to be less of a financial rollercoaster, its value linked to less volatile assets such as national currencies or commodities.
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