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Diem Confirms Shutdown as Silvergate Acquires the Project's Assets

Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.

Updated May 11, 2023, 7:10 p.m. Published Jan 31, 2022, 10:10 p.m.
(Nick Otto/Bloomberg via Getty Images)
(Nick Otto/Bloomberg via Getty Images)