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.
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.
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.
If successful, France’s Ripple-based trial may influence broader EU discussions on using Ripple tech for a digital euro rollout.
Ripple is proving itself as a blockchain infrastructure provider for central banks, not just a crypto token issuer.
Yes, post-SEC victory, Ripple and XRP are seeing increased global adoption and institutional recognition for cross-border solutions.
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