What are the other digital currencies owned by Facebook?

10 answers

• imbecile23May 01, 2021 · 4 years ago
  Sure! Apart from Libra, Facebook also owns a digital currency called Diem. Diem, formerly known as Libra, is a stablecoin that aims to provide a global financial infrastructure. It is backed by a reserve of assets to ensure stability. However, Diem has faced regulatory challenges and has not been launched yet.
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• SukatotoDec 20, 2022 · 3 years ago
  Yes, Facebook has another digital currency called Diem. It was previously known as Libra but underwent a rebranding. Diem aims to enable fast and low-cost cross-border payments, making it easier for people to send money globally. However, the launch of Diem has been delayed due to regulatory concerns.
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• Ashia 20'sAug 25, 2023 · 2 years ago
  Absolutely! Besides Libra, Facebook also has a digital currency called Diem. Diem is designed to be a stablecoin, which means its value is pegged to a stable asset like the US dollar. It aims to provide a secure and efficient way to transfer money globally. However, the launch of Diem has faced regulatory hurdles and is yet to be released.
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• sa fahimaJan 11, 2023 · 3 years ago
  Yes, Facebook owns another digital currency called Diem. Diem is a stablecoin that aims to facilitate low-cost and secure cross-border payments. It is designed to be backed by a reserve of assets to maintain its stability. However, the launch of Diem has been delayed due to regulatory challenges.
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• CallumSharkApr 18, 2025 · 3 months ago
  Indeed, Facebook has another digital currency in its portfolio called Diem. Diem is a stablecoin that aims to provide a global financial infrastructure for seamless cross-border transactions. However, Diem has faced regulatory scrutiny and has not been launched yet.
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• Akhil COct 11, 2023 · 2 years ago
  Yes, there is another digital currency owned by Facebook called Diem. Diem is a stablecoin that aims to enable fast and cheap cross-border payments. It is designed to be backed by a reserve of assets to maintain its value stability. However, the launch of Diem has been postponed due to regulatory concerns.
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• pavan thatipamulaSep 17, 2023 · 2 years ago
  Certainly! Facebook owns a digital currency called Diem, which was previously known as Libra. Diem is a stablecoin that aims to provide a reliable and efficient means of transferring money globally. However, regulatory challenges have delayed its launch.
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• Mr NULLAug 10, 2020 · 5 years ago
  Yes, Facebook has another digital currency called Diem. Diem is a stablecoin that aims to revolutionize cross-border payments by providing a secure and efficient solution. However, regulatory obstacles have delayed its launch.
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• Gottlieb MccartyApr 12, 2022 · 3 years ago
  Yes, Facebook owns a digital currency called Diem. Diem is a stablecoin that aims to facilitate fast and low-cost global transactions. However, regulatory concerns have caused delays in its launch.
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• SKELETON PLAYJun 04, 2021 · 4 years ago
  Yes, there is another digital currency owned by Facebook called Diem. Diem is a stablecoin that aims to provide a seamless global payment system. However, regulatory challenges have hindered its launch.
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