As everyone gets animated about the souring BTC and ETH prices, CBDCs are still a major topic for some. Ripple CEO Brad Garlinghouse is one of those people who still has his eyes trained on CBDCs as his company looks to headhunt an expert on the subject.
As interest in CBDCs continues to rise, Ripple is looking to hire a senior director of central bank engagements who will be focused on supporting CBDC initiatives. The role will require building a support system for CBDCs through Ripple’s real-time gross management system, XRP Ledger.
The job posting by Ripple communicates the firm’s intention of clearly defining its CBDC strategy with central banks, build relationships and projects, while also educating central bankers across the world. The role requires a man or woman with over 10 years’ experience in technology sales or account management, which involves selling to large financial institutions or central banks.
The Job posting by Ripple reaffirms its intentions to make real headway at the start of this decade in developing and implementing its technology through CBDCs. September 2020 saw the firm publish a CBDC related post that touted its payment’s network RippleNet as a necessary tool or enabling interoperability between global CBDC initiatives. Ripple also did clear the air back in august through its senior director of global operations, Emi Yoshikawa by saying it wanted to compliment CBDCs and not compete with them.
As CBDC seeks to bring in an expert, it has been holding closed-door meeting with some central bank officials such as those from the central bank of Brazil to discuss institutional matters. With a CBDC expert likely to be installed over the next few weeks, we expect to see some major developments from ripple regarding its CBDC strategy.
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