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James Wallis, the vice president of central bank engagement at Ripple, supports the inclusion of CBDCs across the globe.
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Ripple continues to grow the customer portfolio in CBDC development.
Central bank digital currencies (CBDCs) are showcased as potential solutions for various inherent issues with traditional fiat money. The prominent ones among these are easing cross-border payments and making financial inclusion smooth. Vice president of central bank engagement at Ripple, James Wallis, holds similar views on CBDCs resolving financial inclusion issues.
Wallis graced the recent video posted on Ripple’s official YouTube channel on November 18, 2023. In a series of “Crypto in One Minute” videos, the recent one featured how CBDCs can support financial inclusion around the world. In the video, Wallis explained what financial inclusion means, who remains deprived of it, and how the issue can be resolved.
According to a Ripple executive, the l
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