Ripple : What is the implication of CBDC on XRP?

Ripple update: What is the implication of CBDC on XRP?

Imagine FEDcoin being a reality. USD is currently the reserve currency and if it moved as fast as XRP in the future wouldn’t XRP lose its purpose? Wouldn’t USD (aka FEDcoin) be used as bridge currency instead of XRP? What is your opinion on CBDC? Thanks for the comments.

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About Ripple (XRP)

Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: davidrakusan

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