Unveiling the Phase 1 Report of the Palau Stablecoin Program

  • 8 months ago
The Ministry of Finance of The Republic of Palau recently completed Phase 1 of the Palau Stablecoin Program. A detailed report was released on December 7, 2023.

The report provides an analysis and findings of the Palau Stablecoin (PSC) Pilot Project Phase 1, a pioneering endeavor in digital currency within the Republic of Palau. It details the execution of the project, survey outcomes, and key insights that are for the ongoing development of the PSC and its possible implementation on a national scale. The report not only demonstrates the accomplishments and potential of the PSC Pilot Project but also provides an overview of the challenges faced and the valuable lessons learned throughout the project phase.

For further information, please visit the official page of the Palau Stablecoin Program https://www.palaugov.pw/stablecoin and download the 'Republic of Palau Stablecoin Program Phase 1 Report' (https://www.palaugov.pw/wp-content/uploads/Republic-of-Palau-Stablecoin-Program-Phase-1-Report.pdf)

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