Swiss Central Bank Utilizing Ripple's XRP?
The Swiss Central Bank recently announced at the Sibos 2023 conference in Toronto about using live transaction payments with the Central Bank Digital Currency (CBDC). Ripple is also working closely to develop CBDCs for the smooth functioning of the global currency exchange and remittance network. Speculations are now rife that the Swiss Central Bank could be using Ripple’s XRP for the settlement system in the pilot batch. Also Read: Ripple: ChatGPT Predicts If XRP Will Experience a Bull Run in 2024 Rumors suggest that Switzerland’s Central Bank is using the R3 Corda Settler code which hooks into XRP Oracle alongside SWIFT. The speculations of being associated with Switzerland’s Central Bank have generated a significant buzz in Ripple ’s XRP community. The rumors gained steam after Ripple ’s CEO Brad Garlinghouse did not confirm nor refute the speculations. So, is there any truth to the rumors? Is the Swiss Central Bank utilizing the blockchain t...