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MainNewsRipple Score...

Ripple Scores Major Win with Successful Palau Stablecoin Pilot


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

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MainNewsRipple Score...

Ripple Scores Major Win with Successful Palau Stablecoin Pilot


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

Ripple offers to acquire Circle $USDC stablecoin issuer, Bloomberg reports

Ripple offers to acquire Circle $USDC stablecoin issuer, Bloomberg reports

To expand its footprint in the stablecoin market, Ripple reportedly made a $4  billio...
2025 Could Be Stablecoins’ Breakout Year as Adoption Hits Every Level

2025 Could Be Stablecoins’ Breakout Year as Adoption Hits Every Level

The stablecoin market is showing some mixed signals right now. According to blockchai...