Ripple Confirms CDBC Announcements Coming Soon

On Sep 6, 2022

Ripple will be announcing more CDBC in the coming weeks, according to Ripple’s Antony Welfare. Welfare is the CBDC advisor at Ripple.

JUST IN: #Ripple Senior Advisor says there will be CBDC announcements in the coming weeks.
— Watcher.Guru (@WatcherGuru) September 6, 2022

Welfare responded to a tweet by valued XRP community member @sentosumosaba. The tweet cites an interview with Welfare from June 17, 2022, which had some pretty significant quotes such as, “Ripple has several pilots in the progress for CBDCs, including the Royal Monetary Authority (RMA) of Bhutan and the Republic of Palau.”

“For Ripple, Crypto is in our DNA,” another quote from the interview says. “Our RippleX business unit is focused on making it easy for developers to build on and with the XRP Ledger, as well as partnering with others in the crypto space on use cases like NFTs and CBDCs (aka tokenised assets).”

He thanked Sento for the tweet mention, offering an extra bit of information that is promising for Ripple XRP users.

Thanks @sentosumosaba for the mention – make sure you follow me for more CBDC announcements in the next few weeks 👌👌👌
— Antony Welfare (@AntonyWelfare) September 6, 2022

Of course, the “next few weeks” is a very broad timeframe. However, it is still great news, especially among all of the CBDC speculation already brewing in the Ripple XRP community.

Source: Uzmancoin

XRP is currently sitting at $0.3253, according to CoinMarketCap. XRP is looking at a potential bull run over the next month entering Q4. We will update you once these announcements are made.