San Francisco-based payments firm Ripple is launching a stablecoin project for the Micronesian nation of Palau. Speaking at a crypto conference in Singapore, Surangel Whipps Jr., the current President of Palau, says the island nation has numerous projects in the works that utilize crypto assets, including a government-issued stablecoin, as well as Binance Pay. “Palau […]
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San Francisco-based software company Ripple is partnering with the Republic of Palau to develop a government-backed stablecoin and ease cross-border money transfers. Ripple says that the partnership with the western Pacific country will focus on “developing strategies for cross-border payments and a USD-backed digital currency for Palau” on the XRP Ledger (XRPL). Republic of Palau’s […]
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