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Ripple ramps up public support for CBDC in new white paper

Ripple ramps up public support for CBDC in new white paper

CointimeCointime2023/12/15 09:41
By:Cointime

On December 14th, Ripple released a CBDC whitepaper emphasizing support for central bank digital currencies. In the document, Ripple explains the basics, advantages, and risks of CBDCs, as well as the barriers to widespread adoption. The whitepaper notes that CBDCs can help expand financial inclusion, simplify cross-border payments, and strengthen monetary policy control.

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