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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 Pule Sili Brad Garlinghouse ma Ripple Vice President for Central Bank Engagement James Wallis via a tweet written in Bosnia.
O se faaliliuga mataʻutia o lana Twitter vaega e lua e faitauina faapea: “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.
Na avea Montenegro ma sui tauva i le Iuni a Europa (EU) ia Tesema 2010 ma o ana feutagaiga ma Brussels na tatalaina i le 2012. E pei ona i ai i aso nei, o lana talosaga e leʻi faʻatagaina. Ae ui i lea, o le Euro o loʻo faʻaaogaina i Montenegro, e ui lava e le o se tulaga faʻatulafonoina.
E A'afia le Poloketi XRP?
Ripple has become increasingly active in the development of central bank digital currencies (CBDCs) since o le pailate se fa'amatalaga patino o le XRP Ledger i tua ia Mati 2021, e tu'uina atu ai se fa'avae mo faletupe tutotonu i le lalolagi atoa e tu'uina atu ma le saogalemu a latou tupe numera. Paʻaga faatasi ai ma le Pulega Tau Tupe a le Malo o Bhutan ma le Malo o Palau na faasilasilaina i masina mulimuli ane.
O le kamupani poloka poloka o loʻo tuleia malosi atu i le CBDC avanoa, ae o le a avea le XRP ma se vaega o le CBDC poloketi? O se fesili taua tele lea. Ole maualuga ole XRP ledger po'o le XRP cryptocurrency o le a faia se sao i se tupe fa'akomepiuta Montenegro e le o iloa.
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.”
le taimi nei, 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 o loʻo fefaʻatauaʻi nei i le $ 0.401, e tusa ai ma faʻamatalaga CoinMarketCap. O le cryptocurrency lona ono-tele tele o loʻo i lalo 3.05% i aso nei ae ua talisapaia e 16.6% i le 30 aso talu ai.
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.
Punavai autu: ZyCrypto