Crypto Market News: While the International Monetary Fund (IMF) now began helping governments across the world develop Central Bank Digital Currencies (CBDCs), XRP token had long been in the eyes of the international financial institution. The International Monetary Fund had on Monday revealed it was developing a global platform to facilitate CBDC interoperability. On the other side, Ripple Labs had already been helping many companies and central banks explore the CBDC use case. This comes despite the setback to XRP token holders, even as the wait for the Summary Judgement drags on.
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Earlier, CoinGape reported that Ripple Labs Inc stitched a partnership with Colombia’s central bank Banco de la República to explore blockchain technology use cases. However, it is the United States market that is strategically important for Ripple, to be able to expand to full scale. Yet, it is unclear as to whether the U
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