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Diem Basics
Imran Nasir
Asked a question 9 months ago

What is libra i want to be a part of libra

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Hi Imran,

Libra project has recently been rebranded and is going to be called Diem Currency now (see here:

It's a stablecoin and Blockchain being developed by Facebook plus backing from other major US companies like Shopify, Uber, Spotify etc.

It's due to be launched early 2021. Because it's a stablecoin (pegged to US dollar), I think they plan to launch other currency variants in time, the price won't fluctuate like we see with Cryptocurrencies. 

How to get involved will unfold in time. I believe there's talk of a US launch in January 2021 but the will see....