By AMB Crypto - 2 years ago - Reading Time: 1 minutes
Meta’s Diem stablecoin project to be sold off amid regulatory bottlenecks
Stablecoins, digital coins pegged to a traditional currency, grew around 450% to approximately $156 billion in 2021 from 2020. Tether remains the largest stablecoin with a market capitalization of >$78 billion followed by USDCoin at around $48 billion. That said, Stablecoins became a hot topic in Congress as US lawmakers eyed new regulations. Needless to […]Original source: AMB Crypto