Episode 18: Ripples Engagement in CBDCs

In this podcast episode of the Digital Euro Podcast, James Wallis, VP for Central Bank Engagements and Antony Welfare, European CBDC lead at Ripple, talk to Manuel Klein, founding member of the DEA about Ripple's engagement in CBDCs. James and Antony give an overview of what Ripple does and what the underlying blockchain technology, the XRP Ledger (XRPL), is used for. They describe how Ripple partnered with the Central Bank of Bhutan to build a pilot for their CBDC and what role the XRPL could play in a future of multiple CBDCs running on different technologies. James and Antony also discuss the use cases of a CBDC and give an outlook into the future and how digital payments will play a fundamental role in it. We at DEA want to thank Ripple for their support of the DEA. If you want to learn more about Ripple, make sure to visit their website (https://ripple.com/) and read their “Future of CBDCs report” https://ripple.com/wp-content/uploads/2021/01/cbdc-wp-2020.pdf

Om Podcasten

The DEA Podcast was brought to life by the Digital Euro Association and deals with digital money, specifically CBDCs and stablecoins with a focus on different forms of a digital euro. The Digital Euro Association, as the largest European Think Tank dealing with digital money, is dedicated to educating people on the tokenization of money. In addition to that, the DEA assists in solving the immense challenge of creating an innovative and open environment for digital tokenized money in the eurozone and its 19 member states. Through shared knowledge and collaboration of the DEA community members, with backgrounds in a wide range of industries, we strive to significantly contribute to the development of the digital euro. On the basis of this interdisciplinarity, it is possible to develop solutions jointly and, under consideration of all interests, to formulate the necessary requirements for politics and the financial sector. In this way, the DEA hopes to offer every citizen, entrepreneur, (central) banker, and politician a platform that helps to understand the enormous impact of the digitization of money on the economy and to define design principles of differing forms of a digital euro.