Bitcoin

Ripple is looking for a director to work with the central banks to create a digital currency

Ripple, the payment service that uses the digital currency XRP, You are looking for an expert who specializes in digital currencies from the central bank or CBDC.

According to a recent job posting by Ripple, the company is looking for one Senior Director for Central Bank Contracts concentrate Supporting CBDC initiatives with Ripple’s real-time gross billing system XRP Ledger.

With the new position Ripple is trying to define its CBDC strategy with central banks, building relationships and projectsIn addition to the training of global central bankers, the job posting is also noted. The position requires more than 10 years of technology sales or account management experience, including sales to major financial institutions or central banks.

Ripple is looking for a director to work with the central banks to create a digital currency
Ripple is looking for a director to work with the central banks to create a digital currency

The announcement confirms Ripple’s intentions Implement your technology to develop CBDCs. In September 2020, Ripple made a CBDC-related post, Promote the RippleNet payments network as a necessary tool to enable interoperability between the Central Bank’s global digital currency initiatives. In August, Emi YoshikawaRipple’s senior director of global operations stated so XRP won’t compete with CBDCs, but it will be pretty complementary.

It’s not clear whether or not Ripple is involved in any of the ongoing CBDC tests. But still, The company is still in contact with some global central banks. According to reports from May 2020 Ripple had a closed meeting with the Brazilian central bank to discuss “institutional matters”.

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