USD-backed stablecoin pilot project launched by Pacific island nation of Palau Post author:MiamiCrypto Post published:July 26, 2023 Post category:CBDC / Ripple / Stablecoin The Palau Stablecoin, or “Kluk,” will be minted on XRP Ledger using the Ripple CBDC Platform and will be distributed first to government employees. You Might Also Like US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling July 18, 2023 Thailand launches retail CBDC pilot with 2 banks and Singapore payment service June 12, 2023 Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT December 12, 2022