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The story of RAAY – The future of money

The story of RAAY – The future of money

RAAY are large, circular stone disks – or: stone money – carved out of limestone formed from aragonite and calcite crystals.  RAAY stones were quarried on several of the Micronesian islands, mainly Palau, and transported for use as money to the island of Yap. They have been used in trade by the Yapese as a form of currency. […]