Yesterday, it was reported that the International Monetary Fund (IMF) is now exploring a central bank digital currency clearing and international settlements platform. It looks like everything is now falling into place.
Just to be clear, we are not trying to say that this speculation is 100% accurate and true, we are just making connections here with the information that is public. This is just speculation, however we don’t believe it is far-reaching because you must keep in mind that Ripple literally is working with 50+ central banks all over the world in addition to the 300+ financial institutions ripple is already working with.
Ripple is deep with the CBDC’s right now. XRP can have assets issued on the XRPL and have them transferred very efficiently and securely. Therefore, we believe Ripple has been pitching this idea to many countries central governments.
You need to watch this video below that was created by Ripple, pay attention to the nuances of his 2 minute video clip, and essentially what is being said is that new CBDC solutions are being powered by XRP, which may or may not involve the IMF.
(Keep in mind this picture of Ripple CEO Brad Garlinghouse literally standing with the IMF.)
Not to mention that on March 3rd, 2021 Ripple announced that they are piloting a private ledger for Central Banks launching CBDC’s, which used to be considered insanely wild speculation in the XRP community in the year 2018. Considering the announcement came out over a year ago, imagine what the progress of that looks like today.
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