Diem Association

We’re working to build a trusted and innovative financial network that empowers people and businesses around the world.

[Diem Association @DiemAssociation]

1/7 From the statement by the CEO Stuart Levey on the sale of the Diem group's assets to Silvergate — “From the outset, the Diem project has been focused on leveraging the benefits of blockchain technology to design a better and more inclusive payment system.

[Christian Catalini @ccatalini]

1/13 Four years ago we came together as the founding team of ≋Libra to use crypto to democratize access to the financial system. As the last person from the original ≋ founding team involved in this phase of Diem, here are some personal thoughts and reflections on the journey.

[Diem Association @DiemAssociation]

7/7 In the United States, a senior regulator informed us that Diem was the best-designed stablecoin project the US Government had seen." Full statement: https://t.co/opqtzEm7Cg

[Diem Association @DiemAssociation]

1/7 From the statement by the CEO Stuart Levey on the sale of the Diem group's assets to Silvergate — “From the outset, the Diem project has been focused on leveraging the benefits of blockchain technology to design a better and more inclusive payment system.

[Diem Association @DiemAssociation]

6/7 As we undertook this effort, we actively sought feedback from governments and regulators around the world, and the project evolved substantially and improved as a result.

[Christian Catalini @ccatalini]

1/ Following yesterday's @SenateBanking hearing on #stablecoins, here's a summary of the opportunities and challenges (w/@alonsodegortari & @theshah39): https://t.co/btGgVVEkox

[Christian Catalini @ccatalini]

1/ What should stablecoin reserves look like? The President's Working Group solution limits innovation to incumbents. With the amazing @theshah39 we offer a solution that can protect consumer and financial stability without stifling competition and innovation!

[Christian Catalini @ccatalini]

1/13 "For competition to thrive, a truly interoperable payment system is needed [...] Today, consumers and merchants are locked into "walled gardens". Moving money between banks is expensive, and moving it between digital wallets is often impossible."

[APPG Blockchain @appg_blockchain]

Which are the opportunities and challenges for CBDC, and how should CBDC and Stablecoins be designed?
We will explore these questions and more in tomorrow's Meeting https://t.co/XiPBdciPIt at 5:45 PM (BST) with @HesterPeirce,@ccatalini,@natacha_valla,
@fnality,@jonnyfry175

[Scott Kominers @skominers]

It's time to knock down the walled gardens of the payments system.

My take with @ccatalini in @AmerBanker: https://t.co/R6USMOTuS1

[Diem Association @DiemAssociation]

Statement from Diem Networks US Regarding Congressional Interest in Project — https://t.co/GEIaRZwzr3

[SSRN @SSRN]

#Stablecoins are #cryptocurrencies designed to trade at par with a reference asset, typically the #USD.

@ccatalini @DiemAssociation & @alonsodegortari @Princeton surface the dimensions that underpin the economic design of stablecoins:

https://t.co/UVrzfqCdba

#EconoTw #Crypto

[Diem Association @DiemAssociation]

How can Diem support public sector efforts towards central bank digital currencies? #CBDCs #stablecoins https://t.co/qWsTPXZY5V

[Christian Catalini @ccatalini]

Looking forward to discussing robust stablecoin design and how Diem can contribute to financial inclusion, competition, and innovation in payments and financial services at the Digital Euro Summit @bitkom_block @bitkom_finance https://t.co/PTeWFVO5SP

[Christian Catalini @ccatalini]

1/6 Three non-mutually exclusive paths to "upgrading" money to achieve more competition, inclusion and innovation in financial services: (1) True Stablecoins, (2) Deposit (Stable)coins, (3) CBDCs on multiple rails https://t.co/hweSB5lQlG

[Harvard Business Review @HarvardBiz]

While the pros and cons of stablecoins may be debatable, their rise isn’t. https://t.co/PkLM4RWViC

[Diem Association @DiemAssociation]

"Stablecoins and the Future of Money" by @ccatalini and Jai Massari. https://t.co/w2wSgw4usA