Future of Diem hangs in the balance as Novi looks for an alternative
August 16, 2021, 5:23PM EDT · 2 min read
- A months-old partnership between Silvergate and the Diem Association has apparently hit regulatory headwinds.
- Now Novi, Facebook’s crypto wallet subsidiary, is looking for a different stablecoin.
Facebook's stablecoin project has run into yet another delay, and now its crypto wallet subsidiary is looking for a new stablecoin.