The Digital Euro Association (DEA) is delighted to announce its partnership with Ripple as a supporting member to jointly work on central bank digital currencies (CBDCs). Ripple, one of the leading providers of enterprise blockchain and crypto solutions for cross-border payments, has recently developed a blockchain-based infrastructure to support CBDCs and is engaged with Bhutan’s central bank, amongst others, to help execute their CBDC pilot.
Ripple is also a member of the Digital Pound Foundation and continues to extend its efforts around CBDCs worldwide. The DEA partnership with Ripple includes, amongst others, joint educational efforts around digital currencies and knowledge exchange.
“We are thrilled that, due to the partnership with Ripple, we can extend the technological expertise of the DEA community. As more and more CBDC projects worldwide reach advanced stages, technological design of a CBDC will play a key role for policy-makers in the near future, while previous years focused primarily on research”,
said Jonas Gross, Chairman of the Digital Euro Association.
“We are excited to join the Digital Euro Association as a supporting partner to further develop our work in the CBDC area. The DEA is working across Europe and global markets to drive the development and growth of CBDCs and, specifically, the Digital Euro. Ripple has invested significantly in the CBDC world, with a team of around 40 people globally, helping develop and deliver solutions for CBDCs and stablecoins. We look forward to working with the DEA to further our work on CBDCs over the next few months”
said James Wallis, VP of Central Bank Engagements, Ripple.
About the DEA
The Digital Euro Association (DEA) is a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money based in Frankfurt, Germany. In particular, it focuses on the digital euro. It is the DEA’s mission to contribute to the public and political discourse through research, education, and by providing a platform and community for policy-makers, technologists, and economists to discuss digital money-related topics. The DEA is committed to independence and excellence, aiming to set the agenda and to shape policy by encouraging new ideas and forward-thinking in the field of digital money.
Ripple is one of the leading providers of enterprise blockchain and crypto solutions for cross-border payments. Ripple’s long-term vision is to enable the Internet of Value, where the world moves value like information moves today. Through RippleX, Ripple contributes to accelerating the Internet of Value by participating in a community of developers and inspiring members to build solutions that use the XRP Ledger, its native digital asset XRP, and related technologies.