Diem (ex-Libra) Moves from Switzerland to the United States: What Changes & Why It Matters Diem (ex-Libra) Moves from Switzerland to the United States The stablecoin project originally known as Libra is relocating its core operations to the U.S. to align with American oversight and banking partners. Here’s what’s changing and why it matters. Diem reorients to U.S. regulatory and banking frameworks to speed a regulated USD stablecoin launch. Key takeaways Regulatory alignment: Moving to the U.S. brings Diem under American regulators, banking partners, and established payment oversight. U.S. dollar focus: A USD-denominated stablecoin with transparent reserves and strict compliance is prioritized. Developer impact: Expect U.S.-centric APIs, bank integrations, and standards for settle...
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