Diem to Sell Assets to Silvergate Bank for $200M: Report
The star-crossed project had been in discussions with investment bankers to sell its key assets and return money to investors.

The Diem Association, the Meta Platforms-led enterprise that was looking to issue a new, user-friendly stablecoin, is selling its technology to Silvergate Capital for $200 million, The Wall Street Journal reported, citing an unnamed person.
The California bank, which serves blockchain companies, had agreed last year to partner with Diem in launching a U.S. dollar-pegged stablecoin. The agreement was supposed to breathe fresh air into a struggling project, which Meta Platforms had kickstarted under the name Libra in 2019 when the company was still called Facebook.
Diem was in discussions with investment bankers to sell its intellectual property to return money to investors, Bloomberg reported on Tuesday, citing unnamed sources.
As Libra, the project originally envisioned a stablecoin backed by a basket of fiat currencies that could be used worldwide as a means of exchange. But it immediately spurred international regulatory backlash, with lawmakers demanding that all development cease until they could provide some regulatory guidance and ensure that it didn't threaten financial stability.
Read more: Diem Mulling Sale of Assets to Pay Back Investors: Report
In December 2020, the Libra Association rebranded as Diem to try a different approach, but the initiative continued facing headwinds, including the departure of key executives.
Diem Networks U.S., a unit of the association, would run the Diem Payments Network and register as a money services business with the Financial Crimes Enforcement Network (FinCEN), while Silvergate would be the formal issuer of the diem USD stablecoin and manage the reserves backing the token.
But the U.S. Federal Reserve expressed concerns about this plan and wouldn't guarantee that it would give its approval.
Federal lawmakers also pushed back against Novi (formerly Calibra), a Meta subsidiary focused on building a wallet that would be compatible with Diem. Novi announced a pilot program in partnership with Paxos last autumn.
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Protocol Research: GoPlus Security

Bilinmesi gerekenler:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Binance Overhauls Stablecoin Trading with Trump-Linked USD1

The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.
Bilinmesi gerekenler:
- Binance is expanding the use of World Liberty Financial's USD1 stablecoin on its platform.
- New trading pairs BNB/USD1, ETH/USD1, and SOL/USD1 will be available, and Binance will convert BUSD reserves to USD1.
- World Liberty Financial is a digital assets platform with close ties to the Trump family.












