Meta pulls the plug on Novi, the last standing piece of Zuckerberg’s stablecoin dream
Novi users will lose all access to the wallet in September as Meta urges them to withdraw their funds, ending the roller coaster that has been the Diem project.
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Zuck Bucks: Meta attempts Diem 2.0?
Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm suffered a $230 billion or a 25% drop in the value of its stock in a single day in February.