DBK Pilot Initiative
A Strategic Digital Value Solution for the Philippines
Empowering Filipino families and businesses through innovative, asset-backed digital currency designed to complement the Philippine Peso
Implementation
What is DiamondBack (DBK)?
DiamondBack (DBK) is a revolutionary fixed-price, asset-backed digital unit of value engineered to maintain a 1 DBK = 1 USD target by design. This innovative financial instrument operates alongside the Philippine Peso (PHP) as a complementary solution, not a replacement for legal tender.
DBK's foundation rests on a diversified reserve portfolio including investment-grade diamonds, gold, and short-dated sovereign instruments. Every aspect of these reserves is reported and attested transparently, ensuring complete accountability and trust.

Key Design Principle: DBK enhances the Philippine financial ecosystem without disrupting existing monetary policy or legal tender status.
Backed by real-world assets including investment-grade diamonds and gold
National Benefits: Why DBK Matters Now
OFW Remittances
Preserves value sent by overseas Filipino workers, dramatically reduces fees and friction, keeping more funds circulating in the local economy
Financial Inclusion
Provides a simple store-of-value option for households and MSMEs, significantly improving financial resilience across communities
Merchant Flexibility
Enables businesses to accept or convert DBK↔PHP on demand, improving cash-flow certainty for small enterprises
Strategic Economic Advantages
Reserves Diversification
DBK offers optional, transparent holdings that provide exposure to real assets beyond traditional foreign cash and T-bills. This diversification strategy strengthens the nation's financial resilience.
Non-Inflationary Revenue
Through licensing, settlement, and reserve-linked economics, DBK can generate government revenue without printing PHP, maintaining monetary stability.
Global Leadership Position
Positions the Philippines as a responsible innovator in asset-backed digital value, enhancing international reputation and attracting investment.
"DBK represents a paradigm shift toward sovereign financial innovation that strengthens rather than replaces our existing monetary system."
Understanding MSMEs: The Economic Backbone
99.5%
Business Share
MSMEs represent 99.5% of all Philippine businesses
63%
Employment
Provide employment for 63% of the Filipino workforce
1-199
Employee Range
Typically employ between 1-199 people per enterprise
Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Philippine economy, concentrated primarily in trade, services, and light manufacturing sectors. These businesses are the primary beneficiaries of DBK's merchant flexibility features.
How DBK Differs from Typical Stablecoins
01
Inflation-Resilient Architecture
Beyond a simple fiat peg, DBK's reserve mix includes real-world assets (diamonds, gold) designed to hold value across economic cycles, plus conservative sovereign instruments
02
Sovereign Optionality
Implemented in a CEZA-led sandbox with BSP as observer/advisor, DBK gives the Philippines choice in rails and reserves—interoperable with foreign systems but not dependent on any single regime
03
Policy Alignment
Features transparent attestations, regulator access, and comprehensive reporting—structured for evidence-based policy, reserve strategy, and CBDC research
Comprehensive Safeguards & Oversight
Regulatory Perimeter
Operating within CEZA sandbox framework with BSP invited to observe and review all operational data
Full-Reserve Attestations
Independent third-party proofs ensuring reserves always equal or exceed circulating DBK
Data Visibility
Complete integration to regulator audit systems with monthly reporting and incident SLAs
Consumer Protection
Licensed on/off-ramps, comprehensive KYC/AML procedures, clear disclosures, and robust dispute resolution

Critical Assurance: DBK remains neutral to PHP—it does not change legal tender status. PHP continues as the official unit for taxes, salaries, and government pricing.
90-Day Implementation Timeline
1
Weeks 1-2: Foundation Setting
CEZA-hosted BSP briefing sessions and finalization of key performance indicators and comprehensive reporting schema
2
Weeks 3-8: Limited Launch (Oct-Nov)
Deploy limited corridors for OFW remittances and engage contained merchant cohort; initiate monthly reporting cycle
3
Week 12: First Assessment (Dec)
Deliver comprehensive executive dashboard covering remittance savings, merchant adoption, wallet metrics, and reserve attestations
4
January Review: Strategic Decision
CEZA/BSP present evidence-based recommendations to scale, adjust, or pause operations based on performance data
Expected Outcomes & Key Performance Indicators
Remittance Impact Metrics
  • Cost reduction percentage for OFW transfers
  • Time savings in cross-border transactions
  • Volume of funds retained in local economy
Business Adoption Indicators
  • Merchant acceptance rates across sectors
  • DBK↔PHP settlement mix ratios
  • MSME cash-flow improvement metrics
System Reliability Measures
  • Wallet adoption and user retention rates
  • Reserve attestation compliance scores
  • Consumer protection incident resolution
The DBK Vision: Sovereign Financial Innovation
Strengthens Filipino Families
Preserves OFW remittance value and provides reliable savings options for households nationwide
Empowers MSMEs
Delivers flexible payment solutions and improved cash-flow certainty for small and medium enterprises
Advances National Leadership
Positions Philippines at the forefront of safe, transparent financial innovation on the global stage
Bottom Line: DBK gives the Philippines a sovereign, inflation-resilient digital value option that supports the Peso's environment, strengthens households and MSMEs, and advances the country's leadership in safe, transparent financial innovation.