Haha.

carpe diem

The Fed doesn't want the competition.

So, now that Diem is up for grabs, the big question is: will the Fed step in, co-opt the technology, and use it to catch up with the PBOC, which has already produced its own "e-RMB" (even if the project appears to still be in the troubleshooting phase)?

Meta Reportedly Abandons Diem Stablecoin Project After Intense Government Opposition

https://www.zerohedge.com/technology/meta-reportedly-abandons-diem-stablecoin-project-after-intense-government-opposition