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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.
It is my hope that this project won't fail like the formal.