Ripple Launches Push to Make XRP Ledger Integral Part of Central Bank Digital Currency Movement

Ripple is pushing to bring the XRP Ledger to the world of central bank digital currencies (CBDCs).

The San Francisco startup is looking to hire a senior director of central bank engagements, according to a new job listing.

“Ripple is looking for a proven leader to lead our strategy, partnerships and project work with central banks around the world with an initial focus on supporting their central bank digital currency (CBDC) initiatives on XRP Ledger.

In this role, you will define and lead Ripple’s strategy with central banks, build relationships with and educate central bankers around the world, and secure and manage partnerships with central banks to build and deploy projects.”

Ripple CEO Brad Garlinghouse recently said central banks can consider using the XRP Ledger to issue stablecoins. He also said XRP could be used as a bridge asset to exchange digital forms of fiat.

The new hire will focus on developing strategies to integrate Ripple’s products with the nascent CBDC market and pitch various ways in which banks can utilize the XRP ledger.

Ripple says it wants to partner with CBDC projects and manage a “target list and pipeline of banks and projects and driving the deal process from start to finish.”

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