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 Albright Capital drops lawsuit against Terraform Labs and Do Kwon January 10, 2023 Ghana to explore offline transactions for upcoming CBDC October 19, 2021 Blackrock Frames Ethereum as Primary Beneficiary of Rising Stablecoin Adoption January 24, 2026