Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin

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Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin

fool2021-05-13

The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...

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jo88
·2021-05-13
Like and comment
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Suresh999
·2021-05-13
Oh ok
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AhKeong
·2021-05-13
Another monopoly
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1
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- sunnylimbs:
  good
  2021-05-13
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Ivylow
·2021-05-13
Like and comment
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2
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- sunnylimbs:
  good
  2021-05-13
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Syrope
·2021-05-13
Seems interesting. Like and comment please
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4
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- Syrope:
  Thank u! Cld u reply this again?
  2021-05-13
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- sk2550007:
  :)
  2021-05-13
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fries
·2021-05-13
ok
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1
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Hoba
·2021-05-13
Huat
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AsherA
·2021-05-13
Like and comment pls
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- Syrope:
  Ok
  2021-05-13
  Reply
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AL30
·2021-05-13
Pls comment
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2
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- AL30Replying toSteveGoh:
  Done
  2021-05-13
  Reply
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- AsherA:
  done comment pls
  2021-05-13
  Reply
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- SteveGoh:
  reply comment please
  2021-05-13
  Reply
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Otahman
·2021-05-13
Pl
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1
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Slee49
·2021-05-13
?
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Zwagat
·2021-05-13
[What] [What]
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meowboss
·2021-05-13
Give like and comment here TQ haha
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- meowboss:
  meow
  2021-05-14
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- meowboss:
  meow
  2021-05-14
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- heximania:
  okay
  2021-05-13
  Reply
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SimplyGood
·2021-05-13
Seems working
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Tazjonz
·2021-05-13
Hmm will it help on FB
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5
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- 林癸源:
  [微笑]
  2021-05-13
  Reply
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Mochizuki
·2021-05-13
Wow
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4
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- Auteur:
  [Surprised]
  2021-05-17
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nanalim
·2021-05-13
Like and comments thanks
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- JoshTayReplying toOtahman:
  done
  2021-05-13
  Reply
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- Otahman:
  Ok replt me too
  2021-05-13
  Reply
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- JoshTay:
  pls reply to this comment!
  2021-05-13
  Reply
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Chounz
·2021-05-13
Like and comment pls
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- nanalim:
  done
  help me
  2021-05-13
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Soarhigh
·2021-05-13
Like n comment pls
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- Chounz:
  Done
  2021-05-13
  Reply
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- Chin1020:
  Done
  2021-05-13
  Reply
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JFZW
·2021-05-13
✨
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We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. 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We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191506171,"gmtCreate":1620885938593,"gmtModify":1704349909093,"author":{"id":"3581644896223732","authorId":"3581644896223732","name":"Suresh999","avatar":"https://static.tigerbbs.com/b75e0b2611994b10d3585f3fd574711f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581644896223732","idStr":"3581644896223732"},"htmlText":"Oh ok&nbsp;","listText":"Oh ok&nbsp;","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191506171","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191249476,"gmtCreate":1620883625095,"gmtModify":1704349879143,"author":{"id":"3579764463709225","authorId":"3579764463709225","name":"AhKeong","avatar":"https://community-static.tradeup.com/news/b20c0291da6c54ef8f3c421a4ed45c27","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3579764463709225","idStr":"3579764463709225"},"htmlText":"Another monopoly&nbsp;","listText":"Another monopoly&nbsp;","text":"Another monopoly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191249476","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4311435,"gmtCreate":1620883694329,"gmtModify":1680788486816,"authorId":3581734197173658,"author":{"id":3581734197173658,"idStr":"3581734197173658","authorId":3581734197173658,"name":"sunnylimbs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191249476,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":191240943,"gmtCreate":1620883509182,"gmtModify":1704349876884,"author":{"id":"3582161778784599","authorId":"3582161778784599","name":"Ivylow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582161778784599","idStr":"3582161778784599"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191240943","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4311437,"gmtCreate":1620883706260,"gmtModify":1680788484010,"authorId":3581734197173658,"author":{"id":3581734197173658,"idStr":"3581734197173658","authorId":3581734197173658,"name":"sunnylimbs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191240943,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"},{"id":191225300,"gmtCreate":1620882531700,"gmtModify":1704349859617,"author":{"id":"3582110607927501","authorId":"3582110607927501","name":"Syrope","avatar":"https://static.tigerbbs.com/7ddaf202594282f1436af195f5cd39e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582110607927501","idStr":"3582110607927501"},"htmlText":"Seems interesting. Like and comment please","listText":"Seems interesting. Like and comment please","text":"Seems interesting. Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191225300","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4311270,"gmtCreate":1620882677934,"gmtModify":1680788473778,"authorId":3582110607927501,"author":{"id":3582110607927501,"idStr":"3582110607927501","authorId":3582110607927501,"name":"Syrope","avatar":"https://static.tigerbbs.com/7ddaf202594282f1436af195f5cd39e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191225300,"type":1,"supId":4311254,"prevId":0,"content":"Thank u! Cld u reply this again?","text":"Thank u! Cld u reply this again?","html":"Thank u! Cld u reply this again?"},{"id":4311254,"gmtCreate":1620882601243,"gmtModify":1680788473657,"authorId":3581490759570675,"author":{"id":3581490759570675,"idStr":"3581490759570675","authorId":3581490759570675,"name":"sk2550007","avatar":"https://static.tigerbbs.com/8b5d3961a1a21ba4adc0e9a839b7ebb6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191225300,"type":1,"supId":0,"prevId":0,"content":":)","text":":)","html":":)"}],"langContent":"EN"},{"id":191222295,"gmtCreate":1620882488817,"gmtModify":1704349858328,"author":{"id":"3555327644623732","authorId":"3555327644623732","name":"fries","avatar":"https://static.tigerbbs.com/b4d2819af7e077fb1c7244fb2aa5b780","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555327644623732","idStr":"3555327644623732"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191222295","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191226970,"gmtCreate":1620882402190,"gmtModify":1704349856876,"author":{"id":"3582928782122574","authorId":"3582928782122574","name":"Hoba","avatar":"https://static.tigerbbs.com/59c2266c2e959396b467872738c290cc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582928782122574","idStr":"3582928782122574"},"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191226970","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191228404,"gmtCreate":1620882386808,"gmtModify":1704349856712,"author":{"id":"3581899667853665","authorId":"3581899667853665","name":"AsherA","avatar":"https://static.tigerbbs.com/2302a91d58b23f78216a0958dfecfcf6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581899667853665","idStr":"3581899667853665"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191228404","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4311238,"gmtCreate":1620882542313,"gmtModify":1680788478425,"authorId":3582110607927501,"author":{"id":3582110607927501,"idStr":"3582110607927501","authorId":3582110607927501,"name":"Syrope","avatar":"https://static.tigerbbs.com/7ddaf202594282f1436af195f5cd39e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191228404,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":191228246,"gmtCreate":1620882371185,"gmtModify":1704349856228,"author":{"id":"3568580406017469","authorId":"3568580406017469","name":"AL30","avatar":"https://static.tigerbbs.com/8f77aca4dee7e85735912a4dff52ffc6","vip":1,"crmLevel":1,"crmLevelSwitch":1,"authorIdStr":"3568580406017469","idStr":"3568580406017469"},"htmlText":"Pls comment&nbsp;","listText":"Pls comment&nbsp;","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/191228246","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4314003,"gmtCreate":1620904184207,"gmtModify":1680788529410,"authorId":3568580406017469,"author":{"id":3568580406017469,"idStr":"3568580406017469","authorId":3568580406017469,"name":"AL30","avatar":"https://static.tigerbbs.com/8f77aca4dee7e85735912a4dff52ffc6","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":3580932551134778,"repliedAuthor":{"id":3580932551134778,"idStr":"3580932551134778","authorId":3580932551134778,"name":"SteveGoh","avatar":"https://community-static.tradeup.com/news/11095a7766734a010cae2953dbc20e3e","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":191228246,"type":1,"supId":4311214,"prevId":4311341,"content":"Done","text":"Done","html":"Done"},{"id":4311214,"gmtCreate":1620882397218,"gmtModify":1680788479107,"authorId":3581899667853665,"author":{"id":3581899667853665,"idStr":"3581899667853665","authorId":3581899667853665,"name":"AsherA","avatar":"https://static.tigerbbs.com/2302a91d58b23f78216a0958dfecfcf6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191228246,"type":1,"supId":0,"prevId":0,"content":"done comment <u>pls</u>","text":"done comment <u>pls</u>","html":"done comment <u>pls</u>"},{"id":4311341,"gmtCreate":1620882992530,"gmtModify":1663226657446,"authorId":3580932551134778,"author":{"id":3580932551134778,"idStr":"3580932551134778","authorId":3580932551134778,"name":"SteveGoh","avatar":"https://community-static.tradeup.com/news/11095a7766734a010cae2953dbc20e3e","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191228246,"type":1,"supId":4311214,"prevId":0,"content":"reply comment please","text":"reply comment please","html":"reply comment please"}],"langContent":"EN"},{"id":191223852,"gmtCreate":1620882155476,"gmtModify":1704349852986,"author":{"id":"3567482716620513","authorId":"3567482716620513","name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3567482716620513","idStr":"3567482716620513"},"htmlText":"Pl","listText":"Pl","text":"Pl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191223852","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191229943,"gmtCreate":1620882058182,"gmtModify":1704349850565,"author":{"id":"3581993357014262","authorId":"3581993357014262","name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3581993357014262","idStr":"3581993357014262"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191229943","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191220447,"gmtCreate":1620882015289,"gmtModify":1704349851370,"author":{"id":"3582271979641055","authorId":"3582271979641055","name":"Zwagat","avatar":"https://static.tigerbbs.com/aac8c8e8c8dfa215d8b7941de980d39c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582271979641055","idStr":"3582271979641055"},"htmlText":"[What]&nbsp;[What]&nbsp;","listText":"[What]&nbsp;[What]&nbsp;","text":"[What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191220447","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191265839,"gmtCreate":1620881722621,"gmtModify":1704349846197,"author":{"id":"3582676570400075","authorId":"3582676570400075","name":"meowboss","avatar":"https://static.tigerbbs.com/ad2aed689e7f9f2a0a8a4e5dabf7482e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3582676570400075","idStr":"3582676570400075"},"htmlText":"Give like and comment here TQ haha","listText":"Give like and comment here TQ haha","text":"Give like and comment here TQ haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/191265839","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4319167,"gmtCreate":1620946181307,"gmtModify":1680788619953,"authorId":3582676570400075,"author":{"id":3582676570400075,"idStr":"3582676570400075","authorId":3582676570400075,"name":"meowboss","avatar":"https://static.tigerbbs.com/ad2aed689e7f9f2a0a8a4e5dabf7482e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191265839,"type":1,"supId":0,"prevId":0,"content":"<u>meow</u>","text":"<u>meow</u>","html":"<u>meow</u>"},{"id":4317565,"gmtCreate":1620922420144,"gmtModify":1680788594569,"authorId":3582676570400075,"author":{"id":3582676570400075,"idStr":"3582676570400075","authorId":3582676570400075,"name":"meowboss","avatar":"https://static.tigerbbs.com/ad2aed689e7f9f2a0a8a4e5dabf7482e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191265839,"type":1,"supId":4311139,"prevId":0,"content":"<u>meow</u>","text":"<u>meow</u>","html":"<u>meow</u>"},{"id":4311132,"gmtCreate":1620881832163,"gmtModify":1680788475863,"authorId":3581984444466168,"author":{"id":3581984444466168,"idStr":"3581984444466168","authorId":3581984444466168,"name":"heximania","avatar":"https://static.tigerbbs.com/bd86363b09433494d0d0ca373221939c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191265839,"type":1,"supId":0,"prevId":0,"content":"okay","text":"okay","html":"okay"},{"id":4311139,"gmtCreate":1620881865265,"gmtModify":1680788475723,"authorId":3581982556682195,"author":{"id":3581982556682195,"idStr":"3581982556682195","authorId":3581982556682195,"name":"Dac19","avatar":"https://static.tigerbbs.com/82e91a13f45be8e9732185d50df6e7bf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191265839,"type":1,"supId":0,"prevId":0,"content":"Help me too","text":"Help me too","html":"Help me too"}],"langContent":"EN"},{"id":191268966,"gmtCreate":1620881429655,"gmtModify":1704349841669,"author":{"id":"3582008226296508","authorId":"3582008226296508","name":"SimplyGood","avatar":"https://static.tigerbbs.com/4d96f09a392d97c5107dfc3ab2547a50","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582008226296508","idStr":"3582008226296508"},"htmlText":"Seems working","listText":"Seems working","text":"Seems working","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191268966","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":191269937,"gmtCreate":1620881266129,"gmtModify":1704349836987,"author":{"id":"3578567927092479","authorId":"3578567927092479","name":"Tazjonz","avatar":"https://static.tigerbbs.com/f84e5692e6809277d605d8442cdc7efa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578567927092479","idStr":"3578567927092479"},"htmlText":"Hmm will it help on FB&nbsp;","listText":"Hmm will it help on FB&nbsp;","text":"Hmm will it help on FB","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191269937","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4311997,"gmtCreate":1620888214190,"gmtModify":1680788493701,"authorId":3581608528633395,"author":{"id":3581608528633395,"idStr":"3581608528633395","authorId":3581608528633395,"name":"林癸源","avatar":"https://community-static.tradeup.com/news/64ab6cd5db62119f730277b3a65da70c","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191269937,"type":1,"supId":0,"prevId":0,"content":"<p>[微笑] </p>","text":"<p>[微笑] </p>","html":"<p>[微笑] </p>"}],"langContent":"EN"},{"id":191288377,"gmtCreate":1620880871399,"gmtModify":1704349828025,"author":{"id":"3574639401134105","authorId":"3574639401134105","name":"Mochizuki","avatar":"https://static.tigerbbs.com/8eff2450a3e5a8207c8f6dc5db664010","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3574639401134105","idStr":"3574639401134105"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191288377","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4351077,"gmtCreate":1621219077906,"gmtModify":1680789204058,"authorId":3576895914333904,"author":{"id":3576895914333904,"idStr":"3576895914333904","authorId":3576895914333904,"name":"Auteur","avatar":"https://static.tigerbbs.com/d16a5bbbdb8b078faa38feb3dfadc275","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191288377,"type":1,"supId":0,"prevId":0,"content":"[Surprised]","text":"[Surprised]","html":"[Surprised]"}],"langContent":"EN"},{"id":191283216,"gmtCreate":1620880717835,"gmtModify":1704349825695,"author":{"id":"3582693378664366","authorId":"3582693378664366","name":"nanalim","avatar":"https://static.tigerbbs.com/7562c2cbacf07201be0244e47614590d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3582693378664366","idStr":"3582693378664366"},"htmlText":"Like and comments thanks","listText":"Like and comments thanks","text":"Like and comments thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/191283216","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4312529,"gmtCreate":1620892592003,"gmtModify":1680788498826,"authorId":3576201130234151,"author":{"id":3576201130234151,"idStr":"3576201130234151","authorId":3576201130234151,"name":"JoshTay","avatar":"https://static.tigerbbs.com/6221f48f0e5f3a8cbcf13a9982af9401","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3567482716620513,"repliedAuthor":{"id":3567482716620513,"idStr":"3567482716620513","authorId":3567482716620513,"name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger 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days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.13","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":191283216,"type":1,"supId":4310984,"prevId":4311179,"content":"done","text":"done","html":"done"},{"id":4311179,"gmtCreate":1620882181797,"gmtModify":1680788478879,"authorId":3567482716620513,"author":{"id":3567482716620513,"idStr":"3567482716620513","authorId":3567482716620513,"name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.13","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191283216,"type":1,"supId":4310984,"prevId":0,"content":"Ok replt me too","text":"Ok replt me too","html":"Ok replt me too"},{"id":4310984,"gmtCreate":1620880882493,"gmtModify":1680788471321,"authorId":3576201130234151,"author":{"id":3576201130234151,"idStr":"3576201130234151","authorId":3576201130234151,"name":"JoshTay","avatar":"https://static.tigerbbs.com/6221f48f0e5f3a8cbcf13a9982af9401","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191283216,"type":1,"supId":0,"prevId":0,"content":"pls reply to this comment!","text":"pls reply to this comment!","html":"pls reply to this comment!"}],"langContent":"EN"},{"id":191283347,"gmtCreate":1620880666589,"gmtModify":1704349825202,"author":{"id":"3577323067833105","authorId":"3577323067833105","name":"Chounz","avatar":"https://static.tigerbbs.com/984ba0e3676b05b30a09c829b411eb2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577323067833105","idStr":"3577323067833105"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191283347","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4310969,"gmtCreate":1620880698110,"gmtModify":1680788471879,"authorId":3582693378664366,"author":{"id":3582693378664366,"idStr":"3582693378664366","authorId":3582693378664366,"name":"nanalim","avatar":"https://static.tigerbbs.com/7562c2cbacf07201be0244e47614590d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191283347,"type":1,"supId":0,"prevId":0,"content":"done<br>\n help me","text":"done<br>\n help me","html":"done<br>\n help me"}],"langContent":"EN"},{"id":191212070,"gmtCreate":1620880317390,"gmtModify":1704349818216,"author":{"id":"3578649173059357","authorId":"3578649173059357","name":"Soarhigh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578649173059357","idStr":"3578649173059357"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/191212070","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4310964,"gmtCreate":1620880658884,"gmtModify":1680788474122,"authorId":3577323067833105,"author":{"id":3577323067833105,"idStr":"3577323067833105","authorId":3577323067833105,"name":"Chounz","avatar":"https://static.tigerbbs.com/984ba0e3676b05b30a09c829b411eb2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191212070,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":4310976,"gmtCreate":1620880741851,"gmtModify":1680788471336,"authorId":3581917658933376,"author":{"id":3581917658933376,"idStr":"3581917658933376","authorId":3581917658933376,"name":"Chin1020","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":191212070,"type":1,"supId":4310964,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":191218634,"gmtCreate":1620880201128,"gmtModify":1704349815769,"author":{"id":"3577323008824535","authorId":"3577323008824535","name":"JFZW","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3577323008824535","idStr":"3577323008824535"},"htmlText":"✨","listText":"✨","text":"✨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191218634","repostId":1169521136,"repostType":4,"repost":{"id":"1169521136","kind":"news","pubTimestamp":1620877688,"share":"https://ttm.financial/m/news/1169521136?lang=&edition=fundamental","pubTime":"2021-05-13 11:48","market":"us","language":"en","title":"Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1169521136","media":"fool","summary":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that ","content":"<p>The crypto bank&nbsp;<b>Silvergate Capital</b>(NYSE:SI)and&nbsp;<b>Facebook</b>(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.</p><p>Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.</p><p>Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.</p><p>\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"</p><p>The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.</p><p>Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.</p><p>Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.</p><p>On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.</p><p>Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Silvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSilvergate Capital to Become Exclusive Issuer of Facebook's Diem Stablecoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/12/silvergate-capital-to-become-exclusive-issuer-of-f/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169521136","content_text":"The crypto bank Silvergate Capital(NYSE:SI)and Facebook(NASDAQ:FB)have announced a partnership that will see Silvergate become the exclusive issuer of the Diem U.S. dollar stablecoin, formerly know as Facebook's Libra project.Stablecoins are cryptocurrencies tied to other assets such as Gold or the U.S. dollar in order to provide more stability to the digital currency, but still reap the advantages digital currencies can offer when it comes to payments solutions.Not only will Silvergate become the exclusive issuer of the Diem, but it will also manage the Diem reserve.\"We believe in the future of U.S. dollar backed stablecoins and their potential to transform existing payment systems,\" Silvergate Capital's CEO Alan Lane said in a statement. \"We're inspired by Diem's technology and commitment to building a regulatory compliant payment system that offers a safe and secure way to move money. We're excited to be at a place in the process where we can announce this product with confidence and look forward to continuing our work with Diem to bring this to market.\"The Diem Association is a member-based association with merchants, payment service providers, social impact partners, and other entities. Its goal is to offer a more efficient and lower-cost payments solution that is more secure, and can protect consumers and fight financial crime.Silvergate is a small $7 billion asset bank that specializes in banking crypto exchanges and institutional trades of cryptocurrencies that interact with one another.Its Silvergate Exchange Network (SEN) is a real-time payments network that can clear transactions in U.S. dollars instantly around the clock, 365 days a year, between two users in the network. It's ideal for crypto traders and exchanges because cryptocurrencies trade around the clock.On Silvergate's recent earnings call, management said SEN already provides each of the four regulated U.S. stablecoin issuers with critical infrastructure to operate. The bank also said stablecoins present a significant fee income opportunity.Shares of Silvergate were up more than 18% in after-hours trading as of 6:10 p.m EDT.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":102,"commentSize":31,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}