Posted 11/4/2023, 4:55:55 PM
Ripple to Pilot Central Bank Digital Currency Platform with Georgia's Central Bank
- Ripple partnering with Georgia's central bank on a CBDC pilot program and platform.
- Pilot aims to test potential benefits of CBDCs for public sector, businesses, and retail users.
- Ripple chosen after competitive selection process involving 9 shortlisted companies.
- Pilot will enable evaluating select CBDC use cases in a live environment.
- Partnership demonstrates Ripple's leadership in blockchain for central banks and CBDCs.