What Is Diem? Introduction to Facebook’s Stablecoin | Crypto Briefing

Key Takeaways

  • Facebook has plans to introduce a stablecoin called Diem in 2021.
  • Diem aims to provide a dollar-pegged cryptocurrency, a high-throughput blockchain, and a digital wallet.
  • If the effort succeeds, Diem will be the first cryptocurrency issued by a major tech company.

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