Ripple, Cooperation with French financial sector on digital euro…CBDC strategy fully underway
Ripple partnered with French banks to build infrastructure based on digital Euro. This fact was officially confirmed through a Ripple representative at a panel session held during the recent Paris Blockchain Week. It is noteworthy that it is substantially involved in the development of European currency infrastructure, not merely providing blockchain technology.
Immediately after this announcement, Cryptocurrency analyst K XRP reported the local atmosphere and announcement contents in real-time through his X account, and evaluated that Ripple's move marked a significant turning point in its global strategy. He emphasized that this move is an issue of a different dimension from a mere increase in XRP's price. “Now Cryptocurrency has entered a phase where it is merging with the mainstream rather than being an alternative against finance,” he explained.
K XRP interpreted this move as an example showing the 'second phase adoption cycle' of Cryptocurrency. He stated that the characteristics of this cycle are quiet integration without media exposure, building long-term partnerships, and cooperation centered on core infrastructure. In fact, Ripple is quietly continuing its collaboration with major European financial institutions and solidifying its position as a key technology partner for digital currency systems.
Ripple's activities are repeatedly mentioned in official documents of the Bank for International Settlements (BIS) or the World Economic Forum (WEF), and are now affecting strategic decision-making in traditional finance beyond the Cryptocurrency ecosystem. Beyond mere cryptocurrency issuance, Ripple's approach leading to cooperation with regulatory agencies and the digitization of physical assets is analyzed to be strengthening scalability within the mainstream.
Meanwhile, it is noteworthy that Charles Hoskinson, the founder of Cardano, recently made remarks related to Ripple. This suggests that the boundary between each platform is gradually blurring, and mutual strategic recognition within the blockchain industry is changing. As the boundary between digital assets and traditional finance collapses, Ripple's strategy is leading structural changes at its core.