Diem

in hive-119463 •  4 years ago 

There had been a news that Facebook-backed Diem is preparing stablecoins pegged to different FIAT currencies. If this goes well, would Diem one day issue major coin-pegged token, let's say Diem-wrapped BTC, within Facebook ecosystem? I think this would be a good way for Diem to enter the Crypto communities and would boost overall Crypto market as well.

And further more if Diem expands to Defi one day, with large user base and ability to implement new function within Facebook/What's app/Instagram as a quick update to the existing app, this can go huge, if all goes well. Many of my friends are still not familiar with crypto other than simple buy and sell some tokens in Coinbase, definitely not familiar with Defi/NFT or other new trends. With Diem playing right role broader public's understanding and acceptance to many different new Crypto techs will expand, I hope.

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