News with the tag "national payment system"

The Republic of Palau’s Ministry of Finance has successfully concluded Phase 2a of its National Government Payment Service Project, focusing on integrating a stablecoin system powered by Ripple’s blockchain technology. This initiative, known as the Palau Stablecoin Program, aims to develop a nationa...

Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said...