Former Facebook stablecoin project director accuses the US of 'killing' it for political purposes

The former director of Facebook's stablecoin project publicly accused that he was 'killed' this project for political reasons, especially in the context of increasing pressure from the US government on companies in the cryptocurrency sector. He emphasized that the collapse of the Diem stablecoin project was not only an internal issue but also involved interference from the government, a topic that has become a frequent discussion among many CEOs in the crypto industry. These accusations were made in the context of many leaders in the cryptocurrency industry speaking out about the difficulties and pressures they have faced from US regulatory agencies in recent times.