For those interested, we’ve included a quick refresher on Diem below: Libra rebranded to Diem....Members run validator nodes to maintain and secure the Diem blockchain....for Diem’s single-currency stablecoins....Longer-term, if Diem gains real traction, could it have an impact on FX prices?

Facebook’s web3 ambitions began with a permissioned stablecoin called Diem (aka Libre).

Originally developed for Diem, Move was purpose-built for digital assets.

Diem: Crypto Friend or Foe?...by Kevin Kelly, CFA Key Takeaways: Facebook Libra rebranded to Diem. ...Financial is a regulated financial company and a subsidiary of Facebook, Inc.; it is also a member of the Diem...Crucially, Diem is no longer targeting a transition to a permissionless system as regulators expressed...

...was founded in 2021 when Mysten Labs was established by Meta’s former blockchain team from Project Diem...

It is how developers reserve capacity, staking VVV and locking the stake to mint DIEM, each worth $1...Most of the supply sits staked for compute or locked under DIEM, and ~43% of the original supply was...

’s, are some of the smartest in the industry and come from Meta’s former blockchain team at Project Diem...Aptos started from the original Diem Move whereas Sui built a new one (including their object model).

The clear targets of the bill include Facebook’s Libra (now known as ‘Diem’) as well as any future currencies...

Venice sells staked-DIEM holders a perpetual one-dollar-a-day API credit....The origin story is the key: founder Chris Gilbert started by reselling Venice DIEM staker inference...

Therefore, the compute access was tokenized into DIEM....DIEM can only be minted by VVV lockers, and represents a fixed, perpetual, and transferable right to...AI compute. 1 DIEM represents $1 of API credit per day in perpetuity.

I’m really interested to see how Diem, the Facebook project, rolls out.

...it could sit on Ethereum, but when push comes to shove, it can move to Polkadot, it can move to the Diem...

My whole thing around when Facebook Diem, I think it’s called now, I was seeing that as not like, “Okay...