XRP(XRP) New partnership with Digital Euro Association (DEA)

Partner's Name

Digital Euro Association (DEA)

Counterparty Website

https://home.digital-euro-association.de/en

Counterparty Details

The Digital Euro Association (DEA) is a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money based in Frankfurt, Germany. In particular, it focuses on the digital euro.

Does this partnership generate any kind of revenue?

NO

Applicable Date(s)

2022-02-10

Partnership Details

On February 11, 2022, Digital Euro Association (DEA) announced its partnership with Ripple to specially work on central bank digital currencies (CBDCs). Ripple has recently developed a blockchain-based infrastructure to support CBDCs. By this partnership, Ripple will be able to expand its work in the CBDC area and help DEA on global solutions for CBDCs through its blockchain and crypto technological expertise.