Crypto NewsOn

🗞️ The CEO of Ripple (XRP), Brad Garlinghouse, has announced a significant partnership with ten separate nations to create their CBDCs. The specifics of these collaborations are still under wraps, but they all have one goal: to use Ripple’s blockchain technology to make the world’s financial institutions safer and more efficient.
The partnership between Ripple and other countries is a watershed moment in the movement to use blockchain technology for national digital currencies. Garlinghouse claims that these government CBDCs will serve a purpose analogous to stablecoins, whose purpose is to keep their value constant relative to more conventional currencies. 🪬 🏦

ᴄʀʏᴘᴛᴏ ɪɴᴠᴇsᴛᴏʀ | ᴀɪʀᴅʀᴏᴘʜᴜɴᴛᴇʀ | ᴛʀᴀᴅᴇʀ | ᴘʀᴏᴛᴏᴄᴏʟ ᴛᴇsᴛᴇʀ | 𝐇𝐎𝐃L

They need to make a EVM chain compatible with Ethereum, otherwise it's a waste of time 😅

Crypto enthusiast, beginner, seeking knowledge, energetic.
Writing this for myself. I hope farcaster will last for a long time.

This activity could affect the price of XRP positively for the most part, if I understand correctly, holders' expectations will be met🙂