Ripple Targets a Share in the $5 Trillion CBDC Market

Ripple

Ripple aims to secure a portion of the anticipated $5 trillion market for central bank digital currencies (CBDCs) as the financial landscape transforms. In its report, “CBDCs: The Digital Evolution of Money,” Ripple emphasised the growing transformative impact of CBDCs and stablecoins, with 98% of countries worldwide actively engaged in these initiatives.  The company sees […]

Cardano: Crypto Crow and Panel Discuss ADA’s Future Amidst CBDC Controversy

Cardano's Price Correction: Evaluating ADA's Prospects Amidst Market Fluctuations

In a recent episode of Crypto Crossfire, which is hosted by crypto influencer Ben Armstrong, a panel of experts engaged in a passionate debate regarding the most pressing threats that Cardano (ADA) faces in the present cryptocurrency landscape. The panel comprised Ben Armstrong, JChains, AJ, and renowned crypto expert Jason Appleton, known as Crypto Crow.  […]

Ripple Dual Win: Fintech & CBDC Innovation Awards

Ripple Dual Win: Fintech & CBDC Innovation Awards

Ripple, the blockchain startup hailing from San Francisco, has recently notched up another significant achievement. Beyond its recent legal victory over the United States Securities and Exchange Commission (SEC), Ripple has clinched two prestigious awards at the Future Digital Awards for Fintech and Payments 2023. This distinguished accolade, organized by Juniper Research, acknowledges trailblazing companies […]

Mastercard’s CBDC Program Partners with Ripple and Other Notable Firms

Ripple Lab Extends Philanthropic Gesture Using XRP as Part of Crypto Donation Options

In a recent social media post, the Digital Economy Association (DEA) expressed its enthusiasm for its member companies being chosen as early partners for Mastercard’s central bank digital currency (CBDC) initiative. Among these affiliated organizations are Ripple and Fluency. The association, which supports the development of central bank digital currencies, provided positive remark onk  X: […]

Ripple Revolutionizes CBDC: Empowering Nations with Digital Currencies

Ripple

Ripple CBDC Advisor, Antony Welfare, shared his excitement on Twitter about collaborating with a committed team of experts in Montenegro for the national stablecoin project. He described it as a seamless continuation of efforts to implement the country’s central bank digital currency (CBDC) pilot project. Read Also: Ripple (XRP)’s Legal Battle and Promising Potential: AI […]

Ripple Unveils New CBDC Platform in HKMA e-HKD Program

XRP

Ripple has announced its involvement in the Hong Kong Monetary Authority’s digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program. As part of the initiative, Ripple will demonstrate a solution for tokenizing real estate assets and also unveil its new CBDC platform. Ripple has formed a partnership with Fubon Bank in Taiwan […]

Ripple Joins Forces with the Central Bank of Montenegro for CBDC Pilot Program

Ripple Joins Forces with the Central Bank of Montenegro for CBDC Pilot Program

Anthony Welfare, a CBDC advisor for Ripple, recently shared on Twitter that Ripple has partnered with the Central Bank of Montenegro to collaborate on a pilot program to create a digital currency for the country.  The nature of this digital currency is still unclear, but it could be either a national stablecoin or a CBDC. […]

Central Bank Digital Currencies (CBDC) – What are They, and How do They Work?

Digital Central Bank Currencies (MNBC) – What are They, and How do They Work?

The majority of global economies are considering issuing a central bank digital currency (CBDC). In this dossier, we explain what MNBCs are, how they differ from cryptocurrencies, and which are the most advanced central bank digital currency projects. What are central bank digital currencies used for? Central bank digital currencies (CBDC) are digital-only versions of […]

Why CBDCs Matter in 2022

Financial institutions are slowly shifting into digital operations because of technology and easy access to the internet. As a result, many banks have developed innovative ways to assist internet users by creating apps that help them quickly send and receive money. You can simply create a bank account and start transacting with these bank apps […]

Governor of Central Bank of Korea Says Launch of CBDC Could Reduce Demand for Bitcoin

Governor of Central Bank of Korea Says Launch of CBDC Could Reduce Demand for Bitcoin

The governor of Korea’s central bank believes the rise in CBDC will reduce the demand for Bitcoin (BTC) and other cryptocurrencies. CBDC to Hinder Bitcoin Demand In a rather interesting statement, Lee Ju-young, the governor of the Bank of Korea, pointed out that the demand for Bitcoin and other similar cryptocurrencies will decline once the […]