The Pacific island nation of Palau has launched a pilot project for a dollar-backed stablecoin

2023-07-26 08:35:10

Collection

ChainCatcher news, according to Cointelegraph, the government of the Pacific island nation of Palau will launch a pilot project for a dollar-backed stablecoin on July 26 local time. The stablecoin will be issued on the XRP Ledger and is the latest project running on the Ripple CBDC platform. The country will distribute the first batch of Palau Stablecoins (PSC) to official employees in the pilot project.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.