Facebook's Diem (Libra)

Facebook’s Diem (Libra) project recorded 50 million transactions in the pilot phase

InDiem crawl data shows that the number of transactions on Facebook's Stable Coin Diem project, called Diem, exceeded 50 million yesterday. This project was formerly called Libra. According to Decrypt, Diem is a US dollar-backed stable coin developed by Facebook. Our goal is to disrupt the way traditional payment systems...