Diem AssociationVerified account

@DiemAssociation

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

Joined June 2019

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  1. Pinned Tweet

    Diem. A new name for a new day, when it’s easy, secure, and affordable to send money anywhere. Together, we’re building a trusted, financial network for people and businesses around the world. Come see our work:

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  2. Retweeted
    Nov 24

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

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  3. Retweeted
    Oct 28

    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."

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  4. Retweeted
    Oct 26

    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 at 5:45 PM (BST) with ,,, ,

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  5. Retweeted
    Oct 22

    It's time to knock down the walled gardens of the payments system. My take with in :

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  6. Statement from Diem Networks US Regarding Congressional Interest in Project —

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  7. Retweeted
    Sep 17

    are designed to trade at par with a reference asset, typically the . & surface the dimensions that underpin the economic design of stablecoins:

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  8. How can Diem support public sector efforts towards central bank digital currencies?

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  9. Retweeted
    Sep 2

    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

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  10. Retweeted
    Aug 27

    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

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  11. Retweeted
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  13. Retweeted
    Aug 9
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  14. Retweeted
    Aug 5

    1/8 The word stablecoin has become somewhat of a misnomer, as it is currently being used for a range of coins with drastically different economic properties. We discuss robust economic design w/:

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  15. Retweeted
    Jul 30

    What would it take to make stablecoins... actually stable? w/. Plus talks by , , Civelli, Schilling, Veneris... @ Workshop on Distributed Ledger & Economics organized by & J. Chen

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  16. Retweeted
    Jul 27

    1/4 Why is the United States Lagging Behind in Payments? With , we argue that while the US plays a key role in the global financial system, its payments system lags behind the global frontier.

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  17. Retweeted
    Jul 20

    "The goal of private money is to be accepted at par with no questions asked" - while Gorton and Zhang's WP gets some of the facts about wrong, their solutions are very consistent with how we've been designing Diem all along, including replacing ≋USD with a CBDC.

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  18. Retweeted
    Jul 13

    Diem’s changing role was described at Mediobanca’s 1° RegEvent by , Diem's Chief Economist: a new vision for digital currencies, a potential partner of Central Banks.

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  19. Retweeted
    Jul 8

    Diem is designed to complement public sector innovation in payments and CBDCs, increase competition in payments, and reduce costs and frictions for consumers and businesses

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  20. Retweeted
    Jun 30

    Diem says it will ‘fade out’ stablecoin if Fed issues CBDC

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  21. Retweeted
    Jun 7

    Lifting stablecoins' quality standards for consumer protection, financial stability and compliance will require a public-private partnership. Which is why we've committed to phasing out ≋USD when a CBDC becomes available

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