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Ripple Lands New Country For A Stablecoin Pilot Project

In a piece of news that went undetected within the crypto community for a few days, the Southeastern European country of Montenegro has announced a partnership with Ripple. The country’s prime minister, Dr. Dritan Abazović tweeted about the pilot project with Ripple already on January 18, 2023.

Via the social media platform, the Montenegrin Prime Minister reported on his meeting with Brad Garlinghouse, CEO of Ripple, and James Wallis, Ripple Vice President for Central Bank Engagement and CBDCs and said:

Productive meeting with Ripple CEO Garlinghouse and Ripple Vice President of Central Bank Engagement James Wallis. We talked about developing a payments infrastructure that would enable greater financial accessibility and inclusion. Montenegro is open to new value and investment.

(By Jake Simmons)

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