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Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

[Oct 9 11:20 AM] The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a…

Palau partners with Soramitsu on blockchain-based bond platform

[Jul 16 11:10 AM] The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology.

Palau Moves Ahead With Second Phase of Stablecoin Pilot

[Dec 17, 2023 11:30 PM] The Republic of Palau has announced the launch of the second phase of its stablecoin project. Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance (MOF), declared that the new phase will focus on building a…

Palau Finishes Distribution Phase of Stablecoin Pilot, Organizes Feedback Survey

[Sep 8, 2023 10:30 PM] 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…

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…

Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program

[Aug 8, 2023 3:30 AM] Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch…

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…

Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger

[Jul 26, 2023 9:37 AM] The country has been distributing PSC (Palau stablecoin) for three weeks and the test will run through August.