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XRP Emerges as Leading Platform for Central Bank Digital Currencies, According to IMF Report

June 20 (Cointime) - According to a report by the IMF, XRP is emerging as the leading platform for Central Bank Digital Currencies (CBDCs). The report explores three models for CBDC platforms, with XRP's design as a private settlement asset and marketplace providing compelling advantages.

While each model has its strengths, a solution that combines public transparency with a trusted private entity's management could offer the most significant advantages. XRP's technology provides a seamless, fast, and low-cost means of transferring value around the world, making it an ideal foundation for a CBDC platform, including the proposed creation of the "eSDR" in collaboration with the IMF and Ripple.

IMF XRP central bank digital currencies
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