[3/6] βΆοΈ Why does it have to be a private solution?
With proven security & all of the #XRPL Tooling at its disposal, the only thing a CB lacks is "control" of the gov. process.
Gov. on the #XRPL is conducted through amendments and voting, which cannot be controlled centrally.
[4/6] βΆοΈ Why is this good for the public #XRPL?
Having a private #CBDC Ledger allows organizations & governments to innovate quickly & safely while still protecting actual value through mainnet collateralization (federated #XRPL sidechain)
π΅ Increased XRPL valuation over time
[5/6] βΆοΈ How does the #CBDC ecosystem looks like?
Ripple has announced plans to launch an enterprise-grade, compliant, multichain-compatible, 100%-backed USD stablecoin, marking a significant milestone in their expansion into new verticals.