Meta’s former stablecoin project, Diem, which initially launched as Libra in 2019, ended after facing significant political and regulatory obstacles in the US, according to Diem’s co-founder, David Marcus. Marcus made the revelations in a recent social media post, where he described the challenges leading to the project’s termination as heavily influenced by political considerations. […]
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Former Diem co-founder says Meta’s stablecoin project was a ‘political kill’