JP Morgan Recognizes Ripple as a Major Player in CBDC Development

JP Morgan has declared Ripple a significant force in the realm of central bank digital currencies (CBDCs), placing the company among leading contenders within this burgeoning technology landscape. This recognition is underscored by JP Morgan’s participation at Money20/20, where Ripple was included alongside other industry leaders in discussions regarding the future of money and CBDCs. Notably, J.P Morgan explicitly acknowledged Ripple as a heavyweight in the age of CBDCs, indicating its crucial role within this innovative space.