Ripple’s CBDC Work Prepared XRP Ledger for Stablecoin Dominance, Expert Claims

Anthony Welfare, a former advisor to Ripple, argues that the company’s exploration of central bank digital currencies (CBDCs) between 2021 and 2024 significantly shaped the XRP Ledger’s capabilities. This research, according to Welfare, positioned the ledger for future success in stablecoin development and cross-border payments. He believes that while Ripple has shifted its focus away from public CBDC promotion, the experience directly benefited the company’s current endeavors in stablecoins and digital payment systems.