Manage the full CBDC lifecycle
Ripple offers a complete platform for minting, managing, transacting, and destroying CBDCs.
Each solution is built on a private ledger that is based upon XRP Ledger technology—a proven blockchain that has transacted over 70 million times over the course of 10 years and is trusted by financial institutions around the world.
Why choose Ripple’s CBDC platform
Stability, security, and resilience
Build trust using the XRP Ledger’s proven technology, enabling consistent standards, privacy, and security.
Access and inclusion
Enable wholesale and retail use cases by supporting a variety of participants including banks, fintechs, and members of the public.
Interoperability and overlay services
Connect to domestic payment systems, core ledgers, and other CBDCs to reach new levels of innovation through programmability support and smart contracts.
Commit to sustainable innovation by using the carbon-neutral XRP Ledger, which uses a unique consensus mechanism that consumes negligible energy.
How Ripple’s CBDC platform works
Standard APIs enable integration of the CBDC platform into existing systems.
Banks can use the CBDC platform's cryptographic multi-sign controls to mint CBDCs.
Issuers can directly send CBDCs to authorized accounts, ensuring only valid participants can receive and hold the CBDCs.
Transactions settle in 2-3 seconds across many use cases. Interoperability enables cross-asset and cross-border transactions when connected to another CBDC.
Participants can return funds on the CBDC platform to the issuer in exchange for fiat.
The CBDC platform supports the secure destruction of currency, giving the bank full control over supply.
With Ripple's groundbreaking technology, we can experiment with CBDCs within our existing payments infrastructure while ensuring efficient and cost-effective cross-border transfers.
Partnering with Ripple to help create our national digital currency is part of our commitment to lead in financial innovation and technologies, which will provide the citizens of Palau with greater financial access.