---
title: "Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss"
url: https://diffcoin.com/death-of-metas-stablecoin-project-was-100-a-political-kill-ex-diem-boss/
description: "United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive…"
published: 2024-12-01
updated: 2024-12-01
author: "Mila"
site: "Diffcoin"
---

# Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss

United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said.

[Source link](https://cointelegraph.com/news/meta-failed-diem-blockchain-project-political-kill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)