USD-backed stablecoin pilot project launched by Pacific island nation of Palau
July 25 2023 - 7:00PM
Cointelegraph
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/19338614-0c02-4f32-8f94-2c84c00bd701.jpg)
The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger
using the Ripple CBDC Platform and will be distributed first to
government employees.
...
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launched by Pacific island nation of Palau
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USD-backed stablecoin pilot project launched by
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