Ripple is revolutionizing the $3.69 trillion real estate industry through tokenization.
The new innovation could drive adoption and boost XRP prices to an all-time high.
Ripple Labs is looking to revolutionize the real estate industry through tokenization. Antony Welfare, central bank digital currency (CBDC) adviser at Ripple, has shared his insights on how Ripple through its Ripple CBDC can conquer the $3.69 trillion real estate industry.

The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real estate assets with Ripple’s new CBDC product. In tokenizing real estate, the pilot combines the hypothetical e-HKD, tokenized real estate, and finance lending protocols. If further allows users to tokenize real estate as collateral for loans. This is set to be one of the practical world use cases for CBDCs.

#CBDCs are gaining traction globally and @Ripple CBDC team are focussing in on Real world use cases for a CBDC or #stablecoin.

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