Georgia's central bank taps Ripple for digital currency pilot project

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The National Bank of Georgia (NBG) has partnered with Ripple to deliver its digital lari central bank digital currency (CBDC) pilot project.

The central bank of Georgia has partnered with blockchain payments firm Ripple on the country's central bank digital currency pilot project.

NBG said it has selected Ripple as its key CBDC partner because the company "has a deep understanding of the project's purposes and use cases, as well as a full commitment to the project's success."

 

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