Cryptocurrency Ripple Labs, one of the leading companies in the world, continues to cooperate with important government institutions. Ripple, which is particularly interested in Africa and South America, has signed a new agreement.
According to the statement made minutes ago Ripple (XRP) has partnered with the Central Bank of Colombia to study the use of blockchain in the region. Colombia MB will explore payment systems using Ripple’s CBDC platform.
of Ripple CBDC Joe Vollono, one of the experts in the field, stated that they have been meeting with Colombian authorities for over a year. The Central Bank and XRP aim to run the pilot in partnership with a Spanish tech company.
Speaking to the crypto press, Vollono drew attention to the blessings of blockchain technology and said:
XRP manager Joe Vollono
With distributed ledger technology, we can enable high-value, wholesale payment transactions to be carried out much more efficiently in the financial sector. Our focus is in this direction.
Ripple Pays Closely to Central Banks
Studies are continuing all over the world for the digital currency tied to the states. Aware of the potential, the crypto startup has therefore cooperated with many central banks. To date, the Ripple team has maintained close relationships with monetary authorities in Hong Kong, Montenegro, Bhutan and Palau.
XRP Price
Eyes are popular after Ripple’s agreement with the Central Bank of Colombia altcoin Back to XRP. After the news XRPThere was no additional movement in the price.
$XRP currently finds buyers around $0.477.
