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International payments are charged at a flat rate, regardless of the size of the transaction. Simply take a selfie, scan your ID and upload a proof of residence to activate your Shyft account. Get the App Looking for a new way to manage all your foreign exchange needs? Shyft makes it easy and convenient. No need to stand in long queues and fill out paperwork. Make the change to Shyft today! How to topics. In the United States, a senior regulator informed us that Diem was the best-designed stablecoin project the US Government had seen.
Those features address not only the risks related to the issuance of a stablecoin, but also the risks associated with transferring stablecoins between parties. Despite giving us positive substantive feedback on the design of the network, it nevertheless became clear from our dialogue with federal regulators that the project could not move ahead.
Over the coming weeks, the Diem Association and its subsidiaries expect to begin the process of winding down, but we look forward to seeing the design choices — and the ideals — of Diem thrive. The Diem mission To build a trusted and innovative financial network that empowers people and businesses around the world.
Provide people everywhere access to safe and affordable financial services. So people everywhere can live better lives. The Diem payment system is for everyone Moving money around the world should be as easy and cheap as sending a message. No matter where you live, what you do, or how much you earn. Mobile The Diem payment system will be accessible to anyone with an entry-level smartphone and data connectivity. Stable Diem Coins are backed by a reserve of assets made up of cash or cash equivalents and very short-term government securities.
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