Meta’s Diem (formerly known as Libra) aimed to develop a decentralized payments network with a US dollar-integrated stablecoin when it launched in June 2019. It received support from the likes ...

Libra Coin is a fork from Facebook's Diem (Libra) blockchain that was announced in 2019. Libra Coin operates on its own high-performance Layer 1 blockchain, known as the 0L Network. In October ...

Libra Association, a cryptocurrency project started ... The group will now be known as Diem Association, named for the word "day” in Latin, with its subsidiary Diem Networks serving as the ...

Despite the setbacks, Facebook pressed on with its plans for Libra, rebranding it as“Diem” in an effort to distance the project from its troubled past. However, Milei remained skeptical ...

The Libra project was later renamed Diem and fizzled out at the start of 2022, but Pierre Gramegna, the head of the euro zone bailout fund, the European Stability Mechanism, told reporters the U.S ...

ECB has been working on creating a digital euro since 2020, after Facebook announced a year earlier it wanted to launch its ...