A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital . Silvergate and the Diem Association announced the sale on Tuesday. Meta, which owns Facebook, did not immediately respond to a message for comment.
Read moreWhat is Libracoin?
Facebook has recently announced its long-awaited cryptocurrency, Libra Coin which will be backed by low-volatility financial assets to maintain stability. The cryptocurrency, Libra will allow people to buy things at local grocery stores or transfer money to others with nearly zero fees.
Read moreHow much is Diem Libre?
DiemLibre Statistics DiemLibre Price (24hr)$0.005476 -2.62%Trading Volume (24hr)$370 -58.41%Transparent Vol. (24hr)$370.00100% -58.41%Transparency Grade(Transparent)Circulating SupplyUnknown$DLB – DiemLibre Price, Charts, All-Time High, Volume & Markets nomics.com › assets › dlb2-diemlibre
Read moreIs Diem a Binance?
Diem (DIEM) Coin Price, Chart & News | Binance : Diem price, DIEM price, Diem value.
Read moreCan you buy Diem cryptocurrency?
Although you can buy Diem Dollars on major crypto exchange sites, you can also simply get them through the Novi wallet . Novi is a very straightforward app that makes it easy to get Diem Dollars, send money, receive money, and redeem your Diem dollars.
Read moreIs Diem a cryptocurrency?
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.
Read moreIs Diem a stablecoin?
Diem would have been a stablecoin , a type of cryptocurrency which has its value attached to the performance of a conventional fiat currency such as the US dollar.
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