Ripple Advisor Teases More CBDC Announcements in the Next Few Weeks

Ripple’s senior advisor Antony Welfare, who handles CBDC Europe and Global Partnerships responded on the same thread, teasing there could be "more CBDC announcements" in the "next few weeks." The company has become increasingly active in the development of central bank digital currencies since piloting a private version of the XRP Ledger in March 2021, providing a platform for central banks to securely issue CBDCs. Just last week, Ripple was identified as one of the initial participants of a "Technical Sandbox Program" launched by U.S.-based think tank Digital Dollar Project, aimed at exploring the potential technical and business ramifications of a CBDC in the United States.