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 .
Read moreDoes Facebook have a crypto coin?
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.
Read moreHow do I get cryptocurrency on Facebook?
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Read moreCan you buy Diem 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 .
Read moreWhat happened Diem Libra?
Meta’s experiment with cryptocurrency, Diem, is shutting down . The Diem Association, which runs the project, announced the sale of assets of the cryptocurrency venture to Slivergate Capital Corporation for $182million. Launched as Libra in 2019, the project quickly ran into opposition from policy-makers.
Read moreWhat happened Meta crypto?
Diem, the ambitious crypto project born out of Meta, is officially over. Silvergate Capital confirmed Monday that it is officially purchasing the technology, IP and assets from the Diem Association for $132 million in stock and $50 million in cash .
Read moreWhat is Diem coin worth?
DIEM Price Statistics Diem Price$0.00000247Trading Volume24hNo DataVolume / Market CapNo DataMarket DominanceNo DataMarket RankNo DataDiem price today, DIEM to USD live, marketcap and chart | CoinMarketCap coinmarketcap.com › currencies › diem
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