What happened to Facebook's digital currency?

Explore the ambitious rise and fall of Facebook's digital currency, originally called Libra. Discover the hurdles of trust and governance that plagued its launch amidst skepticism from a wary public. Delve into the complexities of regulatory scrutiny and corporate withdrawals that led to its rebranding as Diem. The journey illustrates the challenges of integrating digital currencies into existing frameworks, culminating in the asset sale to Silvergate Capital and the chaotic aftermath. A fascinating tale of ambition thwarted by reality!