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Montenegro's Central Bank to Test CBDC With Ripple - FinTech Ranking

 1 year ago
source link: https://fintechranking.com/2023/04/11/montenegros-central-bank-to-test-cbdc-with-ripple/
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Montenegro’s Central Bank to Test CBDC With Ripple

The Central Bank of Montenegro, or CBCG, plans to develop a pilot program for a central bank digital currency with blockchain provider Ripple, even as it uses the euro as its de facto currency.

The central bank will identify practical applications of a CBDC and come up with a design to simulate its circulation, Ripple announced on Tuesday.

Read more: CoinDesk


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