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#ContentStar #BountyCreator #HotTopicDiscussion #contentstar #MyFancyCreator #contentcreator #Gateio XRP’s Involvement in Other CBDCs
Earlier this week, the Governing Council of the European Central Bank (ECB) moved the project to a “preparation phase,” while an official launch is expected in the following years.
France is not the only nation that has supposedly decided to employ Ripple’s native token in its central bank digital currency (CBDC) efforts.
The Royal Monetary Authority (RMA), Bhutan’s central bank partnered with the blockchain enterprise in 2021 to launch a digital version of its official currency, “enhance digital and cross-border payments,” and expand financial inclusion efforts.
Earlier this year, Montenegro’s central bank also collaborated with Ripple to develop a strategy for its CBDC. The financial institution has also contemplated using the firm’s help in introducing a stablecoin.