News with the tag "palau stablecoin (PSC)"

Palau is preparing to close the distribution phase of its stablecoin pilot after having extended it for 30 additional days to examine additional use cases and growing popular demand. Palau Ministry of Finance board member Jay Hunter Anson explained that the pilot was a “temporary, research and devel...

In an exciting development for the cryptocurrency community, users can now monitor Palau Stablecoin (PSC) transactions in real time on the XRP Ledger. This breakthrough is made possible by XRPScan, an XRPL explorer and network analysis platform dedicated to providing comprehensive insights into bloc...

Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance, the test started about three...

Palau, a small island nation in the Western Pacific, has taken a significant step towards revolutionizing its digital payment infrastructure. In a groundbreaking move, the Palau government initiated a Phase One pilot of its stablecoin project, in collaboration with Ripple. The pilot aims to make pay...