USD-backed stablecoin pilot project launched by Pacific island nation of Palau
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USD-backed stablecoin pilot project launched by Pacific island nation of Palau



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/19338614-0c02-4f32-8f94-2c84c00bd701.jpg"></p><p>The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees. </p>



https://cointelegraph.com/news/us-dollar...tion-palau
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