Ripple Partners with HSBC for UAE CBDC Pilot**
Ripple announced a collaboration with HSBC and UAE Central Bank to test a **digital dirham** for cross-border payments.
- **Goal**: Streamline UAE-Switzerland transactions using Ripple’s CBDC platform.
- **Context**: Over 130 countries now explore CBDCs, with Ripple securing 4+ pilot deals in 2024.
