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1/4 Diem is pleased to announce a partnership with @silvergatebank, a leader in financial innovation, for Silvergate to be the exclusive issuer of the Diem USD. Silvergate is a CA state-chartered bank and member of the Federal Reserve.
2/4 Diem is simplifying its plans for a Diem USD stablecoin issuance by moving its main operations to the US, bringing the project into the US regulatory perimeter. Diem will run its blockchain-based payment system from the US.
Its will be a stable coin ?? 
3/4 is not within the thread
3/4 We don’t get how threads on @Twitter work.
4/4 Or probably if that does not work out we simplify our plan by stamping regular USD bills with Diem, which you can photograph with Facebook to top up your account
Why does Diem even need to be a blockchain?
Finally, let’s get this thing moving before it is too late.
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