Montenegro Joins Hands With Ripple To Pilot First National Digital Currency — Huge Boost to XRP?

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Montenegro Joins Hands With Ripple To Pilot First National Digital Currency — Huge Boost to XRP?

Ripple, the digital payment network, has partnered with Montenegro to help the small Southeast European nation develop its digital currency. The country’s prime minister, Dr Dritan Abazović, tweeted about the pilot project with Ripple on January 18, 2023, which did not go unnoticed by XRP enthusiasts.

Ripple To Develop National Stablecoin For Montenegro

Montenegro has commenced the creation of a digital currency following a collaboration with the global payments company Ripple. The nation’s Prime Minister, Dr. Dritan Abazović, announced his meeting with Ripple CEO Brad Garlinghouse and Ripple Vice President for Central Bank Engagement James Wallis via a tweet written in Bosnia.

O traducere liberă a firului său de Twitter în două părți spune: „A productive meeting with Ripple CEO Garlinghouse and Ripple Vice President of Central Bank Engagement James Wallis. We talked about developing a payment infrastructure that would enable greater financial accessibility and inclusion. Montenegro is open to new value and investment.”

The Montenegrin Prime Minister added that the nation is teaming up with Ripple on a pilot project for a national digital currency: “In collaboration with Ripple and the Central Bank, we have launched a pilot project to build the first digital currency or stablecoin for Montenegro,” he said.

Muntenegru a devenit candidat la aderarea la Uniunea Europeană (UE) în decembrie 2010, iar negocierile sale cu Bruxelles-ul s-au deschis în 2012. În prezent, cererea sa nu a fost încă aprobată. Cu toate acestea, euro este utilizat în Muntenegru, deși nu ca mijloc legal de curs.

Proiectul implică XRP?

Ripple has become increasingly active in the development of central bank digital currencies (CBDCs) since pilotare o versiune privată a XRP Ledger din martie 2021, oferind o platformă pentru băncile centrale din întreaga lume pentru a-și emite monedele digitale în siguranță. Parteneriate cu Autoritatea Monetară Regală a Bhutanului și Republica Palau au fost anunțate luni mai târziu.

Firma blockchain face eforturi mai puternice în spațiul CBDC, dar XRP va face parte din proiectele CBDC? Aceasta este o întrebare existențială importantă. În ce măsură registrul XRP sau chiar criptomoneda XRP va juca un rol într-o potențială monedă digitală din Muntenegru este încă necunoscută.

The SVP and MD at Ripple, Brooks Entwistle, memorably noted during a recent interview that “there are places where we can play, maybe with a sidechain to the XRP ledger. We may help with the interoperability across this, but it’s going to be different for every single central bank.”

Între timp, Ripple has been busy putting to bed its long-standing legal dispute with the U.S. Securities and Exchange Commission over whether XRP tokens were sold via an unregistered securities offering. Ripple chief Brad Garlinghouse expects the case to be concluded in the first half of 2023.

XRP se tranzacționează în prezent la aproximativ 0.401 USD, conform datelor CoinMarketCap. A șasea cea mai mare criptomonedă a scăzut astăzi cu 3.05%, dar s-a apreciat cu 16.6% în ultimele 30 de zile.

Looking ahead, we’re likely to hear more news of Ripple partnering with new countries to develop digital currency strategies. But will this unlock mainstream adoption of XRP as the majority of central banks integrate the token into their CBDCs? That much the future holds.

Sursă originală: ZyCrypto