The XRP community has been buzzing with speculation about the Swiss central bank potentially using XRP as a settlement token. This speculation arose after Switzerland announced at a conference that live transactions with a Central Bank Digital Currency (CBDC) would take place by the end of the year. However, it has been revealed that this claim is just a rumor. While Ripple does have a working relationship with R3, the company behind the Corda blockchain, there is no evidence to suggest that the Swiss central bank is leveraging XRP for settlements. In fact, a prominent XRP proponent has stated that this partnership never fully materialized and ended with a lawsuit and confidential settlement. Despite this, Ripple has formed numerous partnerships with banks and financial institutions over the years and is collaborating with several central banks to develop their CBDCs.

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Information	Details
Geography	Europe
Countries	🇨🇭
Sentiment	neutral
Relevance Score	0
People	None
Companies	Ripple, R3, Swiss Central Bank, XRP Ledger, SBI Holdings
Currencies	XRP
Securities	None