In a span of three months, a total of 168 volunteers made retail purchases using the Palau Stablecoin, which is pegged to the U.S. dollar. The value of these purchases amounted to $100. The Palau Stablecoin, being a digital currency, offers stability by being tied to the U.S. dollar. This allows users to make transactions with confidence, knowing that the value of the stablecoin remains constant. The usage of the Palau Stablecoin for retail purchases highlights its growing acceptance and adoption as a viable payment option within the Palau community.
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