XRP is a cryptocurrency created in 2012 and released for use in 2013. The company offers global payment solutions for banks, payment systems, digital asset exchanges and corporations.  It also works on the basis of distributed registry technology (DLL), which uses the blockchain consensus algorithm, rather than mining like other blockchains.

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The Republic of Palau Partners with Ripple to Pilot a US Dollar-Backed Stablecoin on the XRP Ledger...

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The Republic of Palau is partnering with Ripple to pilot a USD-backed stablecoin on the #XRPLedger.

Learn about the benefits for citizens and merchants and how the Ripple #CBDC Platform will be leveraged in this next phase of the Palau #stablecoin pilot.