Ripple Has Been Shortlisted for Its CBDC Solution in the G20 Challenge

2022.07.15 07:03

Ripple Has Been Shortlisted for Its CBDC Solution in the G20 Challenge

• Ripple has been shortlisted in the G20 challenge.
• Out of 100 teams that participated, 21 teams have been shortlisted.
• The G20 challenge mainly focused on CBDCs.

The G20 TechSprint CBDC challenge has announced its shortlisted finalists, and Ripple comes out as one of them. The G20 challenge has been announced by the BIS innovation hub and Bank Indonesia and the challenge was created under the G20 Indonesian Presidency.

We’re excited to be shortlisted in the @BIS_org and @bank_indonesia G20 challenge for our CBDC solution! 90% of central banks are exploring CBDCs – and we know their potential to advance financial inclusion, and the hurdles to adopting them. https://t.co/aPvlBI23ea

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