The Palau Stablecoin (PSC) initiative entered its second phase with the official introduction by the Ministry of Finance of Palau. In a post on Twitter, Palauan cybersecurity expert and advisor Jay Hunter Anson verified the program’s second phase...
Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance.
In a surprising revelation, Whale Alert has detected a massive 26 million XRP transfer to Bitstamp, intensifying speculation about XRPs future amidst recent price struggles.
Ripple has achieved a significant milestone with the successful conclusion of the Palau Stablecoin (PSC) Pilot Project Phase 1. The completion was outlined in the “Ministry of Finance, Republic of Palau Stablecoin Program: Phase 1 Report,” dated...
Palau will end the pilot program of its U.S. Dollar-backed stablecoin efforts later this month, according to a Sept. 7 post on X by Jay Hunter, the country’s head of digital residency. Hunter revealed that the distribution of the Palau Stablecoin...
Palau’s USD-backed stablecoin build on XRP Ledger will be frozen on Sept. 15 as the government will be collecting feedback from users to shape the way ahead.
The Republic of Palau and Ripple have taken a significant step toward the future of digital currency with the launch of their limited stablecoin pilot.
Ripple recently announced a partnership with the Republic of Palau. The blockchain network has been making waves ever since its monumental win against the SEC. The collaboration will see Ripple and the Republic of Palau piloting a US dollar-backed...
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