News View Non-AMP

XRP News Today: Bank of France Officially Testing Ripple’s Ledger for Digital Euro

Published by
Vignesh S G

A recent academic study from Ulster University has revealed that the Bank of France is officially testing Ripple’s private ledger as a foundation for a Euro-based Central Bank Digital Currency (CBDC). 

The update was shared on X by crypto analyst WrathofKahneman, marking what appears to be the first confirmed trial of Ripple’s blockchain for a national CBDC in France.

Ripple’s Private Blockchain Gets a Seat at the Table

According to Kahneman, the findings show that Ripple’s private ledger is currently undergoing active testing by the Bank of France. This positions Ripple as a serious contender in the fast-evolving race to provide blockchain infrastructure for government-issued digital currencies.

As more governments explore blockchain-backed currencies, France’s involvement is especially significant due to its influence as a leading member of the European Union.

Why This Ripple-Powered CBDC Trial Is So Important

  • Institutional Validation: The Bank of France testing Ripple’s ledger signals strong institutional trust in Ripple’s blockchain, despite past regulatory battles in the U.S.
  • EU-Wide Implications: If the trial proves successful, Ripple’s infrastructure could be considered for broader digital euro discussions across the European Union.
  • Tech Over Token: This development underscores Ripple’s value not just as a cryptocurrency but as a blockchain infrastructure provider for real-world finance.
  • First-Mover Advantage: While other players are still developing platforms, Ripple’s ready-to-deploy ledger could give it a major edge in global CBDC rollouts.

Getting Ahead in the Global CBDC Race

With major players like China already moving forward with advanced CBDC programs, Europe risks falling behind. Ripple’s ready-to-deploy solution gives it an advantage over other platforms that are still in development.

Why This Matters

Ripple’s quiet entry into CBDC testing in France might just be the beginning of something much bigger. As central banks around the world look for trusted partners to power the future of money, Ripple is positioning itself as a key player in the next phase of digital finance.

FAQs

How could Ripple impact the digital euro?

If successful, France’s Ripple-based trial may influence broader EU discussions on using Ripple tech for a digital euro rollout.

What is Ripple’s role beyond cryptocurrency?

Ripple is proving itself as a blockchain infrastructure provider for central banks, not just a crypto token issuer.

Is Ripple gaining momentum after the SEC lawsuit win?

Yes, post-SEC victory, Ripple and XRP are seeing increased global adoption and institutional recognition for cross-border solutions.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

Retail Investors Just Poured Over $1,000,000 Into Degen Labs in 72 Hours — This Might Be the Best ICO Since Crypto Was Invented

June 30, 2025 – In a presale frenzy that’s turning heads across Telegram and Crypto…

June 30, 2025

XRP, SOL, ADA And DOGE: Is This The Last Chance To Buy These Altcoins?

The crypto market cap currently stands at $3.43 trillion, down 1.9% in the past 24…

June 30, 2025

Kazakhstan Builds First-Ever National Crypto Reserve

The National Bank of Kazakhstan has announced plans to create a state crypto asset reserve.…

June 30, 2025

Veteran Trader Peter Brandt Reveals Best Bitcoin Strategy That Beats Day Trading

Legendary trader Peter Brandt is flipping the script on what most retail investors believe about…

June 30, 2025

OM Coin Price Prediction 2025, 2026 – 2030: Mantra Crypto Crash Wipes Out $6B in Market Value?

Story Highlights The live price of the Mantra token is . OM coin Price could…

June 30, 2025

Global M2 Money Supply is Booming—Here’s What it Means for Bitcoin & Crypto Markets

Global M2 supply refers to the total amount of money available for spending and investment…

June 30, 2025