Ripple is involved in testing the digital euro on its private ledger, which could impact XRP’s value.
David Schwartz, Ripple’s CTO, suggests that XRP’s price on the private ledger will eventually reflect on the public ledger.
The ongoing integration of Ripple’s technology with central bank digital currencies (CBDCs) has recently drawn significant attention within the cryptocurrency community.
Ripple designed its private ledger to offer enhanced security and scalability, specifically for central banks and government entities exploring digital currencies.