Vision

To enable universal access to financial services.

Innovation. Inclusion. Integrity.

Blockchain Technology

The Diem network is built on a secure, scalable, and reliable blockchain designed so that anyone can build on it, and billions of people can depend on it.

Stable Value

Diem Coins are backed by a reserve of assets made up of cash or ca​sh eq​uivalents and very short-term government secu​rities.

Independent Governance

The Diem Association is tasked with facilitating the operation of the Diem payment system in a safe and compliant manner.

How the Diem payment system works

The Mission

The Diem payment system is built on blockchain technology to enable the open, instant, and low-cost movement of money. People will be able to send, receive, and spend their money, enabling universal access to financial services.

The Coins

The Diem payment system will support single-currency stablecoins (e.g., ≋USD, ≋EUR, and ≋GBP) and a multi-currency coin (≋XDM).

The Reserve

Diem Coins are fully backed by a reserve of assets made up of cash or ca​sh eq​uivalents and very short-term government secu​rities. This ensures people and businesses have confidence that their Diem Coins can be converted into their local currency when they need it to be.

The Blockchain

The Diem Blockchain is the technological backbone of the payment system, operated by a network of validator nodes. The software that implements the blockchain is open source — designed so that anyone can build on it — and is able to scale so that billions of people can depend on it for their financial needs.

The White Paper

The Payment System. The Blockchain. The Reserve. The Association.

Read the White Paper