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

By AMB Crypto - 2 years ago - Reading Time: 1 minutes

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. […]

Original source: AMB Crypto