.Ripple officer Brendan Berry indicates three 'building blocks for leveraging digital assets' Ripple $XRP XRPL XRPArmy
Fiat on-ramps are crucial for bringing value from fiat money systems to blockchain-based ones. Tokenization instruments allow doing the same with various classes of assets, including the likes of commodities, precious metals and so on.
Then, custody solutions are responsible for storage of digital assets and addressing the issues of"ownership" in the Web3 era. Depending on the status of custody, the question about the real owner of this or that value is solved.Liquidity and conversion services are key pillars for flexibility in crypto designed to allow free transfer of value between various cryptocurrencies and fiat assets.
As covered by U.Today previously, in the last weeks, Ripple has scored another landmark accomplishment on its central bank digital currency workloads.Together with fintech and industrial heavyweights, Ripple will be a partner of CBDC Innovate Challenge, a large-scale incubation initiative for all developers of state-backed stablecoins.
Also, Ripple is a tech partner for developing stablecoin solutions in a couple of countries from Palau to Montenegro.
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