Facebook’s former Diem project will go on to serve as the basis for a proprietary stablecoin payment service later this year, according to Silvergate Capital Corporation. Earlier this week, Diem Association announced that it would dissolve and sell off the intellectual property and other assets related to Diem Payment Network to Silvergate Capital Corporation for … Continued
The post Will Silvergate Capital’s Acquisition of Diem’s Assets Shed More Light on Stablecoin Viability? appeared first on BeInCrypto.

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