CBDC Pilots in 2021-2024 Prepared XRP Ledger for Stablecoin Expansion, Former Ripple Adviser Says
Anthony Welfare, a former adviser to Ripple, has stated that the company's work on central bank digital currency projects between 2021 and 2024 directly influenced the development of the XRP Ledger's current capabilities. Welfare contends that Ripple's pivot away from public CBDC promotion does not