Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report

The pilot would see a single stablecoin pegged to the U.S. dollar.

Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report

The Diem white paper suggests the company would be open to discussions with central banks about providing this service.

Circle Brings on Former Libra Vice Chair Dante Disparte in Potential Blow to Facebook Stablecoin Effort

Disparte will help Circle's global expansion efforts, CEO Jeremy Allaire wrote in a blog post.

UK to Focus Regulation on Stablecoins Rather Than Crypto in General: Report

“We believe the case for intervention in the wider cryptocurrency markets is less immediately pressing,” Economic Secretary to the Treasury John Glen said Tuesday.

Microsoft President Says Fintech Firms Should Leave Digital Currencies to Governments

"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.

BIS Researchers Grapple With Implications of Interoperable CBDCs

Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

The ECB believes it should have the final say ahead of any proposed stablecoin launches.