Sweeping Changes Coming to Finance, Ripple CTO Believes XRP Can Benefit
However, Schwartz acknowledges that a global network of central bank digital currencies (CBDCs) is coming soon. With that, he believes XRP, as a "neutral, jurisdictionless asset," can benefit by acting as a bridge between CBDCs, and all other tokenized Ramping Up Central Bank Digital Currencies The past few months have seen central banks ramp up their CBDC game.
Ripple Positioning to Strike Under a new economic system, Ripple CTO David Schwartz predicts that multiple cryptocurrencies and CBDCs will be further, Schwartz also admitted that the XRP ledger, or for that matter any single ledger, is incapable of dealing with all of the world's payments. He sees Ripple XRP's role as the "backbone" in facilitating interoperability between the different networks of the world.
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$ 0.6276
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