As IMF works on a global CBDC platform, the institution recognized Ripple and XRP’s potential in cross-border payments. While the International Monetary Fund (IMF) has been vocal in its cautious and skeptical crypto stance, a document from five years ago reveals how the institution had recognized Ripple Labs and XRP in a favorable light. The The post IMF Quietly Recognized XRP for Cross-Border Payments in 2018 first appeared on The Crypto Basic .