Debate grows on XRP’s role as CBDCs, private bank ledgers gain traction Proponents argue XRP bridge needed for efficient cross-border liquidity Schwartz: Wrapped CBDCs don’t solve liquidity; bridge asset still key XRP continues to stir community interest as debate flares over its relevance in a future financial system featuring private bank ledgers and Central Bank Digital Currencies (CBDCs). This ongoing discussion occurs as banks worldwide increasingly explore these new digital currency technologies. CBDCs Rise: Is XRP Still a Necessary Bridge? With CBDCs potentially offering direct government-backed digital currency pathways, speculation grew that XRP’s long-argued role as a neutral bridge currency could diminish. However, proponents contend its function remains essential for efficient cross-border value transfer. They point to how Ripple’s solutions (often involving XRP) can allow seamless payments between different fiat currencies or digital assets, potentially reducing the need for banks to pre-fund accounts with large sums in multiple currencies (a costly process known as maintaining nostro/vostro accounts ). Private Ledgers vs. Public Bri… The post Why Wrapped CBDCs Fall Short: Schwartz Makes Case for XRP Bridge Utility appeared first on Coin Edition .
