The post Ripple’s CBDC Collaborations Address Financial Exclusion Challenges in Over 20 Central Banks Worldwide appeared first on Coinpedia Fintech News
Central Bank Digital Currencies (CBDCs) offer a solution to financial exclusion. They are cost-effective, allowing for financial service provision at a much lower cost than traditional methods. Ripple is collaborating with over 20 central banks worldwide for CBDC initiatives. Ripple’s Vice President for CBDC Engagements, James Wallis, has highlighted the potential of CBDCs to enhance …