Ripple has partnered with Super How, a blockchain tech research lab based in Lithuania, to work on the Axiology project. The project aims to test and issue cryptocurrencies, including CBDCs and stablecoins, and boost regulators' confidence in their safety. Axiology is built on the XRP Ledger and provides new use cases for businesses to apply tokenization and utilization of cryptocurrencies. This partnership will help advance the adoption of blockchain in finance and provide a good opportunity for European banks to practice issuing and using CBDCs as part of the DLT Pilot Regime Regulation adopted by the European Union.
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