The importance of an innovative global payment system was emphasized by panelists at the Digital Monetary Institute (DMI) symposium, including the President of Ripple. A panel discussion on the next steps for cross-border payments occurred between May 10 and May 11 as part of the DMI symposium in London. The panel featured representatives from the International Monetary Fund (IMF), RTGS Global Limited, the Bank of Mauritius, and the Ripple blockchain, who came together to highlight the importance of creating an efficient and innovative global payment system. The panelists agreed that cross-border payments are critical to the global financial system, and there’s a need for innovation and collaboration to improve them. Ripple was ranked as the leader for CBDCs due to its success with RippleNet, technological capabilities within the CBDC space, and existing deployments and growth in the emerging space.
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Panelists Emphasize Importance of Innovative Global Payment System at DMI Symposium with Representatives from IMF, RTGS Global Limited, Bank of Mauritius, and Ripple Blockchain
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