December 1, 2020 Libra rebrands as ‘Diem.’

The Libra Association, the non-profit organization established in 2019 to oversee the Facebook-led Libra stablecoin project, has rebranded as Diem. The consortium also announced its finalized leadership team and a revised whitepaper, which suggest a reduced role for Facebook. Earlier this year, Facebook’s Libra wallet provider, Calibra, rebranded to Novi.