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Diem, Meta’s stablecoin project, officially shuts down
  • Diem sold its intellectual property and other assets to Silvergate Capital for $182 million.
  • Per Diem CEO Stuart Levey, Diem and its subsidiaries will wind down over the next few weeks.
  • Silvergate Capital intends to use the assets it acquired to launch its stablecoin project this year.
February 1, 2022

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Facebook’s Libra project: where do we stand?
May 17, 2020

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