Novi was originally known as Calibra while Diem was known as Libra. When it was first announced in June 2019, it caused controversy, with members of Congress and then US President Donald Trump criticizing the product. One congressman even went so far as to compare Libra to the 9/11 attacks in 2001. Telecompaper reported that Meta intends to use the Novi technology in future projects, such as the metaverse project.