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
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