Ripple Becomes Member of Digital Euro Association: Details

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Ripple Becomes Member of Digital Euro Association: Details
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ICYMI: the Digital Euro Association adds Ripple to the list of its 'supporting partners' $EUR $XRP

As reported by U.Today, Ripple became the CBDC development partner of the Royal Monetary Authority of the Kingdom of Bhutan.

Jonas Gross, chairman of the Digital Euro Association, is certain that new collaboration will be of crucial importance for CBDC adoption in various countries across the globe: We are thrilled that, due to the partnership with Ripple, we can extend the technological expertise of the DEA community.

We are excited to join the Digital Euro Association as a supporting partner to further develop our work in the CBDC area. The DEA is working across Europe and global markets to drive the development and growth of CBDCs and, specifically, the Digital Euro. Ripple has invested significantly in the CBDC world, with a team of around 40 people globally, helping develop and deliver solutions for CBDCs and stablecoins.

Besides the R&D efforts, Ripple will take part in an educational strategy and knowledge exchange between Digital Euro creators and citizens and institutions globally.

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