Diem stablecoin failure

Diem’s Demise: Political Forces Behind Its Failure

In the world of digital currencies, few projects have stirred as much debate and controversy as Diem, formerly known as Libra. Originally launched by Facebook, Diem was introduced with the promise of transforming global financial transactions by offering a stable, low-cost alternative to traditional currencies. However, despite its ambitious goals, Diem faced a dramatic downfall….

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