Ex-Ripple Exec Reveals How CBDC Development Could Affect XRP’s Growth
A former Ripple executive is speaking out about how the firm’s previous work with central bank digital currencies, also known as CBDCs, may help XRP’s growth. Welfare also pointed out that the next step is making CBDCs, stablecoins, and other forms of digital money work together. If this happens, XRP could benefit and play a […]
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The blockchain company has been pushing hard into the CBDC space since piloting its CBDC Private Ledger aimed at central banks in March 2021. Ripple may soon unveil positive developments in its central bank digital currency (CBDC) projects, following hints from Ripple CBDC advisor Antony Welfare of more announcements to come. Crypto influencer Sentosumosaba had shared on Twitter on Sept.6 that Ripple was in the midst of several CBDC pilot programs including one in Bhutan and the other in Palau. Ripple’s senior advisor Welfare, who handles CBDC Europe and Global Partnerships responded on....
Days after the arrest of Do Kwon, the founder of Terra Labs, on fraud charges, Montenegro announced its intention to develop a central bank digital currency (CBDC) in partnership with Ripple, a blockchain company. Montenegro Partners With Ripple For CBDC Montenegro has expressed interest in digital currencies and approached Ripple to develop a pilot program and […]
Another exchange has chosen to steer clear of XRP while the SEC's pursuit of Ripple Labs continues. A major United States-based cryptocurrency exchange has halted all XRP trading on its platform in the wake of the Securities and Exchange Commission’s ongoing lawsuit against Ripple Labs.The PayBito exchange, which processed $1.1 billion worth of trades in 24 hours leading up to the time of publication, will suspend all XRP trading pairs, as announced on Feb.18. Four XRP trading pairs have historically been available on PayBito, with XRP/USDT trades proving the most popular.Notably, the....
Ripple has unveiled the next phase of its roadmap for the XRP Ledger (XRPL) in relation to institutional DeFi. The roadmap focuses on tokenization, privacy, and native lending, and plans to introduce more stablecoins on the network, which is a positive for XRP’s utility. Ripple Reveals Latest Roadmap For Institutional DeFi On The Ledger In […]
Speaking in a public X Spaces session on September 17, Cardano founder Charles Hoskinson outlined a set of behind-the-scenes discussions and integration pathways aimed at bringing XRP and Ripple USD closer to Cardano’s stack, describing a “package for XRP” that spans wallet support, a DeFi execution layer, and a standards-based route for Ripple’s stablecoin to […]