June 25 (Cointime) - Despite the SEC lawsuit affecting XRP's growth, Ripple's software products are still making an impact on the digital assets market. Ripple's CBDC platform is being developed with several central banks globally, and Indian banks have been rolling out the pilot of the Digital Rupee e₹ project. Kotak Mahindra Bank joined RippleNet in 2018 to work on cross-border transactions, and it is speculated that the same Ripple technology is powering the bank's new E-Rupee project. However, it is likely that only Ripple's tech products are involved in the project and not the XRP token.
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Kotak Mahindra Bank's E-Rupee Project: Is Ripple Technology Involved?
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Why is XRP price up today?
Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.
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