- Popular XRP community member Edo Farina said France may use XRP for its digital euro.
- Farina cited a paper by the Bank of France where XRP was hailed as a virtual currency that could bridge currency pairs.
- Community members disclaim the authenticity of the statements since the E.U. is already working on a digital euro.
Edo Farina, a prominent figure in the XRP community, had community members in excitement after he tweeted that the France “wants to commit to XRP for its digital euro”. If this is the case, it would accord with a growing institutional and governmental interest in XRP around the world.
According to the tweet, France’s interest in digital tokens dates back to 2021. Farina said the country at that time tested a central bank digital currency (CBDC) on TARGET2-Securities (T2S), the European Central Bank Settlement platform. With world economies looking into digital tokens, Farina suggests XRP might cut it for France.
Furthermore, he referenced a paper supposedly published by the Bank of France titled “Implementation of real-time settlement for banks using decentralized ledger technology policy and legal implementations.” Per the tweet, the Ba…
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