Silvergate Capital Using Latest Acquisition for Stablecoin Launch
Meta (formerly Facebook) came under much criticism and scrutiny in its failed management of the stablecoin payment system it was developing, winding down development with the sale of the project known as Diem (formerly Libra). Its buyer? Silvergate Capital Corp., a crypto-focused bank that has intentions of using the technology acquired to help launch its […] Read more at ETFtrends.com.