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The National Bank of Georgia has chosen Ripple Labs for its CBDC project, Digital Lari.
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For Ripple, it’s a big achievement and the second collaboration with the government.
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It’s a positive development for the firm and the crypto industry that’s seeking more mainstream exposure.
In the beginning, the governments and central banks ridiculed cryptocurrency. However, as decentralization gained traction everywhere, all the institutions changed their stance. Today, the central banks of various nations are on the verge of adopting Central Bank Digital Currencies (CBDC). It’s a form of cryptocurrency that the government would control. In the same vein, Georgia made a significant announcement that drew the attention of the whole crypto community.
Here’s How Georgia Came To Pick Ripple For Digital Lari
Ripple announced that it has partnered with the National Bank of Georgia (NBG) for its CBDC project. The currency will be called t
We współpracy z: https://www.thecoinrepublic.com/2024/02/10/georgia-picks-ripple-for-its-flagship-cbdc-development-project/
