90% of central banks are working on CBDC projects, thus it should be based on XRPL, according to Ripple
Join Our Telegram channel to stay up to date on breaking news coverage 90% of Central Banks, according to Ripple, are currently actively creating their own CBDCs. The company thinks XRPLedger can provide Central Banks special advantages given how quickly the CBDC narrative is developing. The fact that the majority of Central Banks worldwide are collaborating with companies like Ripple to launch their own Central Bank Digital Currency is no longer news (CBDC). While the International Monetary Fund (IMF) once stated that over 110 Central Banks were at various stages of CBDC development, blockchain payments company Ripple Labs Inc. recently revealed that about 90% of Central Banks are actively involved in floating the digital version of the currency in its report titled CBDCs: The Future of Fiat. CBDCs are not a new invention, but they have been the subject of much media attention since China decided to move forward with the widespread retail testing of its Digital Yuan around 20...