Mark Zuckerberg's ambitions for a Facebook cryptocurrency are officially over. A crypto bank that snapped up its 'Diem' project now plans to issue a stablecoin of its own this year.

Mark Zuckerberg's ambitions for a Facebook cryptocurrency are officially over. A crypto bank that snapped up its 'Diem' project now plans to issue a stablecoin of its own this year.

Business Insider

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Silvergate said the assets it bought from Diem include development, deployment, and operation tools to run a blockchain-based payment network.

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