El Salvador plans to difficulty $1 billion in tokenised US-dollar denominated 10-year bonds to pay 6.5 per cent through the Liquid Community, according to Samson Mow, chief strategy officer of Blockstream. Half of the funds of the so-known as “volcano bond” might be converted to Bitcoin and the other half might be used for infrastructure and Bitcoin mining powered by geothermal power, Mow stated, whereas sharing the stage with Bukele.
“As part of our commitment to guide in monetary innovation and applied sciences, we are delighted to partner with Ripple,” said President Surangel Whipps Jr. “The first section of the partnership will focus on a cross-border payments technique and exploring options to create a national digital forex, providing the citizens of Palau with better monetary entry.”
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