Org Chart: The Diem Association

Facebook caught the crypto/blockchain sector's attention, regulators, and lawmakers alike when it first announced its blockchain initiatives, originally dubbed Libra.

Libra, now rebranded to Diem, originally had aspirations of issuing a digital stablecoin backed by a basket of different global currencies. Since then, the project has toned down its design to a single dollar-backed digital token in hopes of becoming more favorable with regulators.