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<ul class="news-points"> 
 <li><strong>Ripple successfully concludes Phase 1 of the Palau Stablecoin (PSC) Pilot Project.</strong></li> 
 <li><strong>Pilot Phase 1 officially launched on March 1, 2023, involved 168 volunteers and minted 20,000 Palau stablecoins.</strong></li> 
 <li><strong>&nbsp;Further deployment is contingent on approval by the Palau government.</strong></li> 
</ul> 
<p>Ripple has achieved a significant milestone with the successful conclusion of the Palau Stablecoin (PSC) Pilot Project Phase 1. The completion was <a href="https://www.palaugov.pw/wp-content/uploads/Republic-of-Palau-Stablecoin-Program-Phase-1-Report.pdf" target="_blank" rel="noreferrer noopener nofollow">outlined</a> in the “Ministry of Finance, Republic of Palau Stablecoin Program: Phase 1 Report,” dated December 7, 2023.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f5-1f1fc.png" alt="🇵🇼" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ministry of Finance Republic of Palau Stablecoin Program: Phase 1 Report" dated December 7, 2023, prepared by The Ministry of Finance and <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Ripple</a> Inc. <br><br>This report provides an analysis and findings of the Palau <a href="https://twitter.com/hashtag/Stablecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Stablecoin</a> (PSC) Pilot Project Phase 1, a pioneering endeavor in… <a href="https://t.co/SLtjYqfbI3" target="_blank" rel="nofollow">pic.twitter.com/SLtjYqfbI3</a></p>— Jay Hunter Anson (@JHX_1138) <a href="https://twitter.com/JHX_1138/status/1732709501436940586?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 7, 2023</a>
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<p>Initiated in partnership with <a href="https://coinedition.com/tag/ripple-xrp/" target="_blank" rel="noreferrer noopener">Ripple</a>, the Palau Stablecoin Pilot Project aimed to assess the viability, security, and innovation of the Palau Stablecoin as a payment solution.&nbsp;</p> 
<p>The report delves into the execution of the project, presenting survey outcomes and crucial insights pivota…</p>
<p>The post <a href="https://coinedition.com/ripple-scores-major-win-with-successful-palau-stablecoin-pilot/">Ripple Scores Major Win with Successful Palau Stablecoin Pilot</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple Scores Major Win with Successful Palau Stablecoin Pilot

Coin Edition

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