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❕NEWS USD-Backed Stablecoin Diem Trail Set For Release By Facebook

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Most of us could recall the Libra coin project by Facebook which surffered rejections from US Congress and regulators., Diem is the next Facebook project which is set to start trials for its USD-backed stablecoin,The project scheduled to start later in the year no specific date. The coin will be used for payments between individual users and payments of goods. They are trying to receive a payment license with regulators in Switzerland and to pass the anti-money-laundering checks.
It is my hope that this project won't fail like the formal.
 
Well they tried to offer fr3lee USD back in 2019 as well with the idea don't know of they will still allow a airdrop or what about bringing users
 
They have reviewed their initial plan and come up with a better framework which is more reason why this project is set to see the light of the day,
 
Well let's hope it actually releases though I'm not a Facebook user but its just foolish I feel people of platform just waste their time
 
The Diem when eventually launched will also be used in the different malls arround the United States and likely UK, with it highly secure wallet.
 
Yeah I have heard about the project couple of time ,I think it's a stable coin project introduce by Facebook ,and after the unsuccessful outcome of libra coin they created this
 

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