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Ripple’s stablecoin pilot in Palau shows promising results

Key takeaways from the initial phase include:

The successful completion of Phase 1 marks a significant step forward for Ripple and Palau in exploring digital currencies. The next stages of development will focus on expanding the ecosystem to include financial institutions, regulatory bodies, legal frameworks, businesses, and users. This comprehensive approach aims to establish a robust stablecoin ecosystem within the country.

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Source: Cryptocurrency - investing.com

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