Ripple Partners With Central Bank of Montenegro for CBDC and Stablecoin Developments

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Ripple Partners With Central Bank of Montenegro for CBDC and Stablecoin Developments
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.Ripple partners with Montenegro Central Bank for its 'first digital currency' Ripple Montenegro CBDC $XRP 1CrypticPoet

As covered by U.Today previously, two weeks ago, Montenegro already made the headlines on crypto media outlets. At Podgorica airport, police officers arrested Do Kwon, a key figurehead of the collapsed Terra ecosystem.between Ripple and Montenegro was inked on Jan. 30, 2023. Wallis is excited by the collaboration with the country:

The Central Bank of Montenegro is bringing the next level of digital transformation to its financial infrastructure and addressing some of the world's biggest financial challenges, including financial inclusion. Ripple has a proven track record of successfully connecting disparate payment systems and championing blockchain's utility to issue Central Bank Digital Currencies and solve for global payments to hundreds of financial institutions around the world.

Ripple has evolved into a global leader of the CBDC segment. It is the only platinum partner of the London Digital Monetary Institute Symposium 2023, one of the most crucial events in this sphere.

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