New Move from Ripple, which is positively diverging from Bitcoin!

SEC continuing its legal struggle with Ripple It accelerates its efforts to consolidate its place in the crypto money sector.

Ripple, which makes a new move every day, now has its own central banks. CBDC’to develop and develop their Ripple CBDC Platform announced its launch.

It was stated that this CBDC platform will allow central banks to issue, manage, transact and use their CBDCs seamlessly.

“More than 90% of countries are discovering, developing and implementing CBDCs as a way to reduce the cost and risk of domestic and cross-border payment processes.

Seeing this, Ripple is announcing the Ripple CBDC Platform, an end-to-end solution for central banks, governments, and financial institutions to issue their own CBDCs.

Leveraging the power of the same blockchain technology used in the XRP Ledger (XRPL), the advanced Ripple CBDC Platform enables central banks and governments to bring the next level of digitization to their financial services while providing access to millions of unbanked people worldwide.”

Ripple also stated in its statement that central banks can issue both wholesale and retail CBDCs that can also conduct offline transactions.

How this platform will be used will be demonstrated under the e-HKD pilot program, a program run by the Hong Kong Monetary Authority.

James Wallis, Ripple’s Vice President of Central Banks and CBDCs, said in a statement. “As a trusted partner of several central banks, we believe this platform will help solve problems for many central banks and governments that are designing plans for CBDC Implementations and developing a technology strategy.” said.

Meanwhile Ripple’s (XRP) We see that it is positively diverging from Bitcoin and is on the rise. Starting the day with a rising XRP XRP has increased by about 5% at the time of writing, at the level of $ 0.4674.

*Not investment advice.