• Written by: Abdulkarim Abdulwahab
  • Thu, 10 Aug 2023
  •   United States

Ripple CBDC Advisor reacts to the inclusion of peer-to-peer feature that allows citizens to transfer funds from wallet to wallet without transaction fees on the Palau stablecoin project. In an exciting turn of events, the stablecoin project of the Republic of Palau now has a peer-to-peer feature set to transform the payment initiative further.  Jay […] The post Ripple CBDC Advisor Reacts as Palau Stablecoin Adds Wallet-to-Wallet Transfer Feature first appeared on The Crypto Basic.

Ripple CBDC Advisor Reacts as Palau Stablecoin Adds Wallet-to-Wallet Transfer Feature

Ripple CBDC Advisor reacts to the inclusion of peer-to-peer feature that allows citizens to transfer funds from wallet to wallet without transaction fees on the Palau stablecoin project.

In an exciting turn of events, the stablecoin project of the Republic of Palau now has a peer-to-peer feature set to transform the payment initiative further. 

Jay Hunter Anson, Palau Digital Residency Office Director, disclosed the recent development in a recent post. Anson took to X (fka Twitter) on Wednesday to excitedly share the new use case for the Palau stablecoin (PSC). 

In the tweet, Anson revealed that citizens of Palau now have the added advantage of transferring funds from wallet to wallet. According to the official, this innovation presents a remarkable solution for cultural collections. 

Furthermore, Anson noted that the feature will streamline processes and eliminate the hassles of time-wasting and transaction fees. It also includes security convenience to mitigate the risks associated with physical cash transactions.




...

Read more