Ripple joins hands with Palau for ‘world’s first government-backed stablecoin’

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Ripple joins hands with Palau for ‘world’s first government-backed stablecoin’

The island nation of Palau is the latest country to announce a partnership with Ripple. The collaboration is set to explore the country’s strategy for a national digital currency with the XRP Ledger (XRPL). The Western Pacific country and Ripple are now looking at the first-ever USD-backed digital currency, along with strategies for cross-border payments. […]

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