solodeji Posted September 7, 2022 Share Posted September 7, 2022 Ripple, a renowned Silicon Valley-based company, is a global payment provider whose payment solutions are extensively used internationally. While many companies, like SBI Holdings, have chosen Ripple as their cross-border settlements partner, several countries have chosen the fintech company for their Central Bank-backed Digital Currency (CBDC) ventures. Anthony Welfare, a senior advisor at Ripple, recently disclosed that the blockchain startup is working on several CBDC pilot projects for countries, including Bhutan and the Republic of Palau. In a recent interview, Welfare stated, "Ripple has many CBDC pilots in ongoing, including the Royal Monetary Authority (RMA) of Bhutan and the Republic of Palau." The main goal of RippleX, he continued, is not just to enable developers to build on the XRP Ledger but also to collaborate with leading businesses and nations on various projects, including CBDC. "Crypto is in our DNA at Ripple; our RippleX business unit is focused on making it easy for developers to build on and with the XRP Ledger, as well as collaborating with others in the crypto industry on use cases like CBDCs and NFTs (also known as tokenized assets)," Welfare said. Other XRP holders were aware of the development because popular Ripple enthusiast Crypto ERI tweeted about it. Interestingly, the tweet also caught Welfare's notice, revealing that Ripple will be making additional CBDC announcements in the upcoming weeks. https://timestabloid.com/get-ready-for-more-cbdcs-ripple-senior-advisor-says-more-announcements-coming-soon/ DannyRipple 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted September 7, 2022 Share Posted September 7, 2022 Always makes me happy when thinking about the future of Ripple and XRP. DannyRipple 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now