Ripple is enlisted to help create the UK CBDC

Ripple co-founded the nonprofit Digital Pound Foundition, which is involved in the development and implementation of Britain’s national digital currency.
Ripple is enlisted to help create the UK CBDC

The Digital Pound Foundation, which has partnered with Ripple, believes that the introduction of the digital pound will underpin the transition to the UK’s innovative digital economy and ensure the country’s place in the global digital space. In addition to Ripple, the Digital Pound Foundation includes Accenture, CGI group and cryptoprojects Avalnche, Electroneum and Quant.

Former Barclys Bank vice president Jeremy Wilson was named head of the nonprofit organization. This information is from sit​e CryptoDeFix. In a press release, the Digital Pound Foundation notes that CBDC will help the UK secure its position in the digital world.

Mentioned projects

Ripple A global and international financial system that includes its own cryptocurrency and medium of exchange.
A global and international financial system that includes its own cryptocurrency and medium of exchange.
Avalanche (AVAX) A platform for launching DeFi apps and working with smart contracts.
A platform for launching DeFi apps and working with smart contracts.

More interesting

Actual

Visa and artist Mika Johnson want to popularize NFT
Coinbase announced the launch of NFT-marketplace
The head of JPMorgan criticized Bitcoin
More…