Palau's ongoing CBDC pilot is a significant stride towards a digitally inclusive and efficient financial ecosystem. With the success of Phase 1 and the onset of Phase 2, Palau is trailblazing the use of blockchain in national currencies, potentially shaping the future of global digital finance.
AlexPalau's Ripple-powered CBDC pilot receives positive feedback, showcasing satisfaction among volunteers and retailers. Despite minor hiccups, the Ministry of Finance plans to expand the stablecoin's usage nationally, emphasizing convenience and cost-effectiveness. The digital residency program complements Palau's crypto-friendly initiatives.
BerniceThe event, held at the National Capitol in Ngerulmud, Palau, brought together representatives from the Palau National Treasury and Ripple to celebrate the successful launch of the Palau Stablecoin.
Coinlive The Digital Dollar Project is launching a central bank digital currency (CBDC) Technical Sandbox Program in October. The U.S...
LedgerinsightsSome Voyager Digital customers were unaware of the FDIC protections for their deposits, raising questions about the company's marketing.
CointelegraphDelphi Digital said that games can use NFT as part of the extended experience while providing anyone with a core free-to-play experience.
CointelegraphDelphi Digital outlined that games could provide a core free-to-play experience for anyone to enjoy, while incorporating NFTs as part of expanded experience..
CointelegraphThe tiny country introduced its digital residency program at the beginning of the year in the hope that it will help to retain the youthful population and attract business and industry.
CointelegraphThe partnership will help Palau become climate friendly while enhancing its cross-border payment and digital currency technologies.
CointelegraphThe Republic of Palau and blockchain development firm Cryptic Labs announced Tuesday the launch of the Root Name System (RNS), a digital residency program.
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