Palau turns to Ripple as stablecoins extend their reach

The smallest countries are among the quickest to reposition themselves amid the great digital disruption.

It is all too rare that the dateline ‘San Francisco and Ngerulmud’ appears at the head of a press release, but these are unusual times. An exception came last week when Ripple partnered with the Republic of Palau to “explore the country’s first national digital currency and its use cases with the XRP Ledger”.

Well, why not? In an era in which El Salvador wants to build a bitcoin city powered by the Conchagua volcano, nothing is off the table.

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