According to the official statement of Ripple published on its official website, it cooperates with the non-profit Digital Pound Foundation based in the United Kingdom as a member of the Foundation.
Susan Friedman, Ripple Policy Officer, will represent the company at the Digital Pound Foundation. Stressed the importance of this partnership for the evolution of the global financial system:
"We are excited to support the design and implementation of a digital pound in collaboration with the Digital Pound Foundation. The Foundation will help advance the UK's goal of building a more inclusive and sustainable inclusive financial system. "
Ripple adds that experiments with GBP-based CBDCs will help the UK secure its place in the global Web3 financial landscape.
"Eco-friendly" stablecoin.
The long-term collaboration with the Digital Pound Foundation will confirm Ripple's focus on the stablecoin world. It recently partnered with the Royal Monetary Authority (RMA), the Bhutanese central bank.
As Bhutan is the world's first neutral nation-state, Ripple's strategy for building an environmentally friendly, stablecoin aligns with the company's vision and mission.
This article is for informational purposes only and does not replace specialized consulting services with professional experts.
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