This eBook provides a comprehensive overview of central bank digital currencies (CBDCs) and their potential impact on the global financial system. It covers the basics of CBDCs, the different types of CBDCs that are being proposed, and the challenges that need to be addressed before CBDCs can be widely adopted.
It also explores the potential role of XRP in the CBDC ecosystem. XRP is a digital asset that is designed to be fast, cheap, and scalable. It has the potential to be used as a bridge currency between different CBDCs, and it could also be used to facilitate cross-border payments.
Learn about the connections that Ripple has made with central banks around the world and how Ripple is positioned to be the bridge between different CBDCs.
Marc Hyman lived in Estonia through most of the eventful 1990s. He taught accounting and finance at the Estonian Business School and at Concordia International University Estonia (now Tallinn University of Technology), served as Tallinn Bureau Chief for The Baltic Observer (now The Baltic Times) and as Managing Editor of The Baltic Business Leader, and worked as a consultant for Hansabank, North Estonian Bank, and Virumaa Commerce Bank.
Marc's accounts of day-to-day life in the newly independent Baltic States and Russia have been published in AjaKaja, Crosscurrents, Yours Truly, and Europe Today. He lives in Seattle.