🔍 Bank of France Tests Ripple Ledger: The Next Key Player in CBDC Infrastructure?
🇫🇷 According to academic research from Ulster University, the Bank of France has officially launched a private ledger test based on Ripple as the foundation for the euro CBDC. This experiment may lay the groundwork for Ripple's role in the future European Central Bank digital currency (CBDC) infrastructure.
🔑 Key Impacts:
Institutional Trust: The Bank of France's tests demonstrate a high level of trust in Ripple's blockchain technology, which may change the perspectives of other central banks.
European-wide Impact: A successful trial could propel Ripple to be at the core of the EU digital currency infrastructure, further accelerating the rollout of a digital euro.
Advantages of Ripple: Compared to other blockchain technology providers, Ripple already has a deployable ledger system, which may give it an edge in the global CBDC competition.
