Tagged: republic of palau

Stablecoins: Republic of Palau Introduces USD-backed Palau Stablecoin with Ripple on XRP Ledger

July 28, 2023 @ 8:45 am By Omar Faridi |

The Republic of Palau and Ripple have launched a limited stablecoin pilot. Palau and Ripple, the leader in enterprise blockchain and crypto solutions, started collaborating on exploring potential use cases in 2021. The U.S. Dollar-backed Palau Stablecoin (PSC) will be “issued on the XRP Ledger… Read More

Read more in: Fintech, Blockchain & Digital Assets, Global | Tagged blockchain adoption, central banks, crypto solutions, dlt, Enterprise Blockchain, james wallis, pilot, republic of palau, ripple, stablecoin, stablecoins

CBDCs: Ripple Launches Platform for Development of Central Bank Digital Currencies, Stablecoins

May 21, 2023 @ 10:28 am By Omar Faridi |

With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, Ripple is announcing the Ripple CBDC Platform, which is described as… Read More

Read more in: Fintech, Blockchain & Digital Assets, Global | Tagged cbdc, cbdcs, central bank digital currency, cross-border payments, digital currencies, digital technology, financial inclusion, financial services, fintech adoption, fintech trends, james wallis, republic of palau, ripple, stablecoin, stablecoins, virtual currency