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Diem Reportedly Trying to Sell Assets—Is This the End of Facebook’s Stablecoin Ambitions?

Facebook's Diem has been flailing for two years. According to Bloomberg, the association behind the stablecoin may be throwing in the towel.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Diem Reportedly Trying to Sell Assets—Is This the End of Facebook’s Stablecoin Ambitions?
Facebook's Diem has been flailing for two years. According to Bloomberg, the association behind the stablecoin may be throwing in the towel.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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