Institutional · June 18, 2019
Facebook announces Libra (later Diem)
Price at event
$9,120
Today
$73,525
Since then
×8.1
Mark Zuckerberg unveils a global stablecoin backed by a basket of currencies. Spectacularly fails under regulatory pressure; the project shuts down in 2022. Convinces every central bank that a CBDC is now urgent.
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