Is Diem coin 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.28 Oca 2022

Commodity-backed stablecoins are collateralized using physical assets like precious metals, oil, and real estate. The most popular commodity to be collateralized is gold; Tether Gold (XAUT) and Paxos Gold (PAXG) are two of the most liquid gold-backed stablecoins.

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.