Ripple is making strategic inroads into public-sector innovation as California officially taps the blockchain giant—along with fellow crypto firms Coinbase and MoonPay—for a new state initiative aimed at modernizing government operations.
The collaboration, known as the California Breakthrough Project, marks a significant step toward institutional adoption of blockchain, with Ripple positioned at the heart of the effort.
California Welcomes Blockchain for Government Reform
The California Breakthrough Project, launched by Governor Gavin Newsom, seeks to improve the efficiency, transparency, and delivery of public services by leveraging cutting-edge technology. Executives from Ripple, Coinbase, and MoonPay were appointed as advisors to help steer this modernization initiative.
California Governor Gavin Newsom has launched the California Breakthrough Project, enlisting leaders from Ripple, Coinbase, MoonPay, and others to help enhance government efficiency and collaboration. Source: Eleanor Terrett via X
