Switzerland’s announcement at the Sibos 2023 conference about live transactions with a Central Bank Digital Currency (CBDC) has sparked a flurry of claims and counter-claims within the XRP community. A user on X (formerly Twitter) claimed that the Swiss Central Bank is using XRP as a settlement token through the R3 network. However, an expert within the community debunked this rumor, stating that R3’s Corda platform does not use XRP but instead utilizes its own proprietary XDC token as the primary settlement token. The expert also highlighted the historical context of R3’s partnership with Ripple, which was a proof of concept that did not materialize. The involvement of SBI Group, a stakeholder in both R3 and Ripple, was also mentioned. The article concludes by stating that XRP’s price has fallen in the last 24 hours.

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Information	Details
Geography	Europe
Countries	🇨🇭 🇯🇵
Sentiment	neutral
Relevance Score	0
People	Rohitku24694375, Moonchaser, Wrathof Kahneman, Chad Steingraber
Companies	SBI Group, R3, Swiss Central Bank, Corda, XRP
Currencies	XRP
Securities	None