Palau to discontinue dollar-based stablecoin two months after launch

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 (PSC) will cease by this Friday, Sept.

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USD-backed stablecoin pilot project launched by Pacific island nation of Palau

The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees.

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Republic Of Palau And Ripple Labs Mint First Stablecoin (PSC)

In a significant development, the Republic of Palau has collaborated with Ripple Labs to mint its inaugural stablecoin, the Palau Stablecoin (PSC). Jay Hunter Anson, Director of Palau’s Digital Residency Program and member of Palau’s Ministry of Finance, shared the news on Twitter, shedding light on the partnership between the Palau National Treasury and Ripple […]

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Snowfall Protocol (SNW) is Flourishing in Its Presale Stage 3, while Ripple (XRP) is Set to Collaborate with the Country of Palau and Cardano (ADA) to Launch Djed

Coinspeaker Snowfall Protocol (SNW) is Flourishing in Its Presale Stage 3, while Ripple (XRP) is Set to Collaborate with the Country of Palau and Cardano (ADA) to Launch Djed In recent news for some of the leading projects, Snowfall Protocol (SNW) is performing very well in its presale’s third stage, Ripple (XRP) is all set to collab with Palau to build a stablecoin at the national level, and Cardano (ADA) is ready to launch Djed.

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Ripple To Develop National Stablecoin For Island Country Palau, XRP Up 6%

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Ripple: XRP short traders could be on seventh heaven and this is why

The President of Palau confirmed its partnership with Ripple to launch a stablecoin XRP's day traders were spotted scrambling to make profit In a recent interview with Bloomberg, the presideThe post Ripple: XRP short traders could be on seventh heaven and this is why appeared first on AMBCrypto.

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Palau Stablecoin: Island Nation Goes Digital With Help From Ripple Labs

There has been a sudden surge in cryptocurrency’s popularity around the world. Countries, whether large or small, are attempting to integrate blockchain and cryptocurrencies into their economy by going digital.

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XRP tops $0.35 after Ripple Lab’s partnership with Palau

The Republic of Palau is working with Ripple Labs to explore the creation of a national stablecoin. XRP is up by more than 5% today and could rally higher soon. The total cryptocurrency market cap stands above $813 billion.

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Ripple Reported to Be Building National Stablecoin for Republic of Palau

Ripple reportedly helping to build national stablecoin for Palau, but is the project still going?

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Ripple joins hands with Palau for 'world’s first government-backed stablecoin'

The island nation of Palau is the latest country to announce a partnership with Ripple. The collaboration is set to explore the country's strategy for a national digital currency with the XRP Ledger (The post Ripple joins hands with Palau for 'world’s first government-backed stablecoin' appeared first on AMBCrypto.

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