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Ripple Scores Major Win with Successful Palau Stablecoin Pilot


Dec, 08, 2023
< 1 min read
by CoinEdition
Ripple Scores Major Win with Successful Palau Stablecoin Pilot
  • Ripple successfully concludes Phase 1 of the Palau Stablecoin (PSC) Pilot Project.
  • Pilot Phase 1 officially launched on March 1, 2023, involved 168 volunteers and minted 20,000 Palau stablecoins.
  •  Further deployment is contingent on approval by the Palau government.

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 December 7, 2023.

Initiated in partnership with Ripple, the Palau Stablecoin Pilot Project aimed to assess the viability, security, and innovation of the Palau Stablecoin as a payment solution. 

The report delves into the execution of the project, presenting survey outcomes and crucial insights pivota…

The post Ripple Scores Major Win with Successful Palau Stablecoin Pilot appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MakerDAO Unveils NewStable and NewGovToken Ahead of Launch Season

MakerDAO Unveils NewStable and NewGovToken Ahead of Launch Season

MakerDAO, the pioneering Ethereum-based protocol known for its DAI stablecoin, is gea...
May, 04, 2024
< 1 min read
by CoinEdition
Michael Saylor has something to say on Ripple’s XRP case outcome

Michael Saylor has something to say on Ripple’s XRP case outcome

Michael Saylor has come under fire from pro-XRP attorney Bill Morgan for his recent c...
May, 04, 2024
4 min read
by CryptoPolitan
CryptoRankNewsRipple Score...

Ripple Scores Major Win with Successful Palau Stablecoin Pilot


Dec, 08, 2023
< 1 min read
by CoinEdition
Ripple Scores Major Win with Successful Palau Stablecoin Pilot
  • Ripple successfully concludes Phase 1 of the Palau Stablecoin (PSC) Pilot Project.
  • Pilot Phase 1 officially launched on March 1, 2023, involved 168 volunteers and minted 20,000 Palau stablecoins.
  •  Further deployment is contingent on approval by the Palau government.

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 December 7, 2023.

Initiated in partnership with Ripple, the Palau Stablecoin Pilot Project aimed to assess the viability, security, and innovation of the Palau Stablecoin as a payment solution. 

The report delves into the execution of the project, presenting survey outcomes and crucial insights pivota…

The post Ripple Scores Major Win with Successful Palau Stablecoin Pilot appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MakerDAO Unveils NewStable and NewGovToken Ahead of Launch Season

MakerDAO Unveils NewStable and NewGovToken Ahead of Launch Season

MakerDAO, the pioneering Ethereum-based protocol known for its DAI stablecoin, is gea...
May, 04, 2024
< 1 min read
by CoinEdition
Michael Saylor has something to say on Ripple’s XRP case outcome

Michael Saylor has something to say on Ripple’s XRP case outcome

Michael Saylor has come under fire from pro-XRP attorney Bill Morgan for his recent c...
May, 04, 2024
4 min read
by CryptoPolitan