Ripple (XRP) has announced that it has partnered with the Republic of Palau to explore the country’s first national digital currency and ways of using it with the XRP Ledger.
https://twitter. com/Ripple/status/1463266939309019138
Contact us to be instantly informed about the last minute developments. Twitter and Telegram you can follow our channel.
According to information shared by Ripple, the partnership will focus on developing cross-border payments and strategies at an early stage and a USD-backed digital currency for Palau. Ripple will provide technical support to Palau, paving the way for the first government-backed stablecoin implementation to emerge in the first half of 2022.
The country’s president, Surangel Whipps Jr. On the subject he said:
The country seeks to enable cross-border remittances by changing the way its citizens access financial services.