Tag: USDbacked
Palau to freeze USD-backed stablecoin after pilot launch in July
Palau, a country in the western Pacific Ocean, is wrapping up its U.S. dollar stablecoin project after launching the pilot in August.Jay Hunter, Palau [...]
USD-backed stablecoin pilot project launched by Pacific island nation of Palau
The government of Palau is set to begin a pilot project for a United States dollar-backed stablecoin on July 26. The new coin will be issued on XRP Le [...]
Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin
First Digital Group, a Hong Kong-based qualified custodian and trust company, announced the launch of its First Digital USD (FDUSD) United States doll [...]
Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 ratio with the United States dollar, Jewel Bank [...]
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