Libra was rebranded as Diem in a renewed effort to gain regulatory approval in December 2020. Photo: dpa
Libra was rebranded as Diem in a renewed effort to gain regulatory approval in December 2020. Photo: dpa

Diem, Facebook’s rebranded Libra crypto project, to launch US dollar-pegged digital currency

  • The US dollar stablecoins can be used in a blockchain-based payment system
  • The original Libra project faced fierce opposition from global policymakers

Libra was rebranded as Diem in a renewed effort to gain regulatory approval in December 2020. Photo: dpa
Libra was rebranded as Diem in a renewed effort to gain regulatory approval in December 2020. Photo: dpa
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