$XRP might become one of the best platforms for launching Central Bank Digital Currencies, suggests IMF report
appears to be emerging as the world's leading platform for Central Bank Digital Currencies . As we explore the potential models for these CBDC platforms, XRP's design as a private settlement asset and marketplace provides some compelling advantages, according to the IMF.
Three primary models are currently under consideration. First, there is the private settlement asset and marketplace, epitomized by Ripple's XRP. Next, we have the open-source marketplace, as seen in platforms like the Stellar Foundation and the burgeoning DeFi networks. Lastly, there is a marketplace and settlement asset model based on unbacked crypto assets. Strike, which leverages Bitcoin and the Lightning Network, is a notable example of this model.
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