Ripple (XRPUSD)

[europa7]

Digital Pound Foundation...Ripple...
https://digitalpoundfoundation.com
"...We are a member-led forum supporting the introduction of a well designed digital Pound in both publicly and privately issued forms, and a diverse, effective and competitive ecosystem for new forms of digital money in the UK and globally..."

NOTE: it will be interesting to see how this plays out...imo...glta

https://x.com/digitalpoundfdn

1/ The payments industry is evolving rapidly due to shifts in consumer preferences, regulatory changes, and technological innovations. Modern #payment solutions, including #blockchain-enabled #payments, are driving faster, more inclusive, and transparent customer experiences. pic.twitter.com/rGxXmud2vR

— Digital Pound Foundation (@digitalpoundfdn) June 9, 2024

Ripple Launches CBDC Platform for the Development of CBDCs and Stablecoins
https://digitalpoundfoundation.com/ripple-launches-cbdc-platform-for-the-development-of-cbdcs-and-stablecoins/

Why Ripple Partnered The Digital Pound Foundation To Develop CBDCs In The U.K.
https://bitcoinist.com/why-ripple-partnered-the-digital-pound-foundation-to-develop-cbdcs-in-the-u-k/

Ripple to Help Bank of England Build CBDC? Here's Why It May Be So
https://u.today/ripple-to-help-bank-of-england-build-cbdc-heres-why-it-may-be-so

The digital pound
https://www.bankofengland.co.uk/the-digital-pound
"...We are looking at the case for issuing a digital pound. This type of money is known as a central bank digital currency (CBDC). It would not replace cash..."

Bank of England and HM Treasury respond to digital pound consultation
https://www.bankofengland.co.uk/news/2024/january/boe-hmt-respond-to-digital-pound-consultation#:~:text=leader%20in%20finance.-,The%20Bank%20of%20England%20(the%20Bank)%20and%20HM%20Treasury%20have,bank%20digital%20currency%20(CBDC).
"...The Bank of England (the Bank) and HM Treasury have today published their response to the consultation on a digital pound that was launched in February 2023..."

Ripple proof of concept
https://www.bankofengland.co.uk/research/fintech/proofs-of-concept/ripple
"...We carried out a proof of concept with Ripple to explore the synchronised movement of two different currencies across two different real-time gross settlement systems linked using Ripple Connect and the Interledger protocol. We wanted to demonstrate how this kind of synchronisation might lower settlement risk and improve the speed and efficiency of cross-border payments..."

https://www.bankofengland.co.uk/-/media/boe/files/fintech/ripple