Palau Debuts Blockchain-Based Savings Bonds
Palau’s government, Soramitsu, and the Japanese ministry produced a blockchain-based savings bond prototype to stimulate domestic investment. In order to allow residents of Palau to engage in national infrastructure projects, the island nation is introducing a savings bond program based on blockchain technology. This initiative was created with the Ministry of Economy, Trade and Industry […]
Palau Seeks to Freeze USD-backed Stablecoin
Following the pilot of its USD-backed stablecoin built on XRP Ledger, western Pacific Ocean nation Palau plans to halt the initiative on Sept. 15 as the government seeks to collect user feedback. Jay Hunter, a Palau Ministry of Finance member and director of the digital residency program, announced on X (previously Twitter) that the government […]