Diem stablecoin co-founder praises Bitcoin for censorship resistance
Meta’s Diem co-creator, David Marcus, said that he was a “big fan of Bitcoin,” calling it digital gold back in 2019.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Meta’s Diem co-creator, David Marcus, said that he was a “big fan of Bitcoin,” calling it digital gold back in 2019.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
Western Union’s USDPT Stablecoin Becomes a Settlement Option on Visa, Anchorage Digital Says
Banks and payment companies on both sides of a card purchase, those that issue cards and those that sign up merchants, regularly s...
Visa Taps Anchorage Digital to Bring Western Union’s USDPT Into Stablecoin Settlement
Key Takeaways: Visa will provide its USDPT as an option for the settlement of stablecoins. USDPT is issued by Anchorage Digital Ba...
Thailand SEC Proposes Stablecoin Rules With 5M Baht Daily Caps for Crypto Transfers
Key Takeaways: Thailand suggests that daily deposits and withdrawals for stablecoins should be capped at 5 million baht. Only veri...
Stablecoin Firm KAST Buys Gemini’s Shuttered UK and EU Arm for Under $10 Million, Report Says
KAST, a Singapore startup that offers stablecoin accounts and payment cards, has bought Gemini’s UK and European operations for le...
Sui stablecoin supply climbs over 10% to $538M as the wider market shrinks
Sui's stablecoin growth amid market contraction highlights its unique appeal and potential for increased DeFi activity and ecosyst...