Diem Selling Assets to Silvergate for $200M, Ending Facebook’s Stablecoin Project
Facebook's Diem stablecoin is dead, and Silvergate will buy Diem's assets and IP for $200 million.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
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