Blockchain company Ripple is focusing on central bank digital | Moonhub

Blockchain company Ripple is focusing on central bank digital currencies (CBDCs) in 2023 and is already in dialogue with over 20 central banks. While some countries like China are advanced in this area, smaller emerging markets with fewer resources are where Ripple can provide a solution. Regulatory headwinds in the U.S. have led Ripple to focus on the international market, where most of its business is currently conducted. The company is expanding its policy team and taking an aggressive approach to engaging with regulators. Ripple sees the cross-border flow of value as one of the last great unsolved financial problems, which can only be solved with a global network.