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Palau’s Stablecoin Audit Process Advances

[Aug 25, 2023 4:30 AM] Palau’s Ripple-backed stablecoin pilot audit process is advancing, with the Ministry of Finance collaborating with auditors and turning in more than 200 documents for review. Jay Hunter Anson, a Palau Ministry of Finance member, explained he…

Ripple and Palau Announce CBDC Stablecoin Pilot Program

[Jul 27, 2023 10:00 PM] 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…