🔍Track #Palau #Stablecoin transactions in real-time on the #XRP Ledger! 💼A big step for Ripple. #Ripple #XRP #CryptoNewsLand #Blockchain The post Ripple’s XRP Ledger Ushers in New Age of Transparency with Palau Stablecoin Tracking appeared first on Crypto News Land.
- Palau Stablecoin (PSC) transactions can now be tracked in real time on the XRP Ledger.
- XRPScan’s inclusion of the Palau Stablecoin Pilot wallet brings increased transparency to PSC transactions.
- The successful entry of the Palau Stablecoin pilot program into Phase One signifies a promising future for Ripple.
XRPScan has recently incorporated the Palau Stablecoin Pilot wallet, providing detailed data about the issuer’s address. This development enhances transparency, giving users access to essential information related to payments and trust sets linked with the Palau Stablecoin.
One significant transaction involved the establishment of a Trustline, transferring a substantial 25 billion PSC. Trustline transactions typically establish trust between parties for future token exchanges on the XRPL, without involving token movement on the blockchain itself.
This development comes on the heels of Ripple’s announcement that the Palau Stablecoin pilot program has successfully entered Phase One. Government employees voluntarily participate in this phase, using PSC for transactions with select local merchants in Palau.
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