Meta Says Adios to Diem – But Its Buyer Wants to Launch a Token of its Own

 
Meta, the company formerly known as Facebook, is set to wash its hands of its ill-fated Diem stablecoin plans once and for all – but there may yet be a twist in the tale as the firm that will buy the coin’s assets and intellectual property (IP) could yet launch a token of its own.
Silvergate Capital, a banking firm with digital asset interests and a sometime Diem partner confirmed to CNBC that it intends to launch a stablecoin by the end of this year....
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