We’re proud to be the exclusive issuer Diem USD.
In May 2021, we announced a partnership with Diem Networks U.S. Inc. to become the exclusive issuer of Diem USD.
Diem USD is a U.S. dollar backed stablecoin and will be the first asset ever issued on the blockchain-based payment system created by Diem.
Virtual asset service providers (VASPs) can use the stablecoins for several use cases, including commerce between consumers and merchants, as well as cross-border payments.
For more information on Diem, review our FAQs below.
How do I participate?
At launch, only a limited number of approved organizations will be participating in the project. Please note that Silvergate is an institutionally focused bank and will provide the financial infrastructure to institutions to enable the movement of Diem USD. More information is coming soon.
When will Diem launch?
Silvergate and Diem are working together to prioritize operational and technological readiness ahead of the launch. While we don't have a launch date to disclose at this time, we're focused on getting to market quickly. More information is coming soon.
Where can I learn more?
Refer to the following resources for more information:
Still can't find what you're looking for? Email us at [email protected].*
*Please do not send personal or sensitive information via email.