Coin Edition -
- Ripple successfully concludes Phase 1 of the Palau Stablecoin (PSC) Pilot Project.
- Pilot Phase 1 officially launched on March 1, 2023, involved 168 volunteers and minted 20,000 Palau stablecoins.
- Further deployment is contingent on approval by the Palau government.
Ripple has achieved a significant milestone with the successful conclusion of the Palau Stablecoin (PSC) Pilot Project Phase 1. The completion was outlined in the “Ministry of Finance, Republic of Palau Stablecoin Program: Phase 1 Report,” dated December 7, 2023.