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Ripple Trying To Find An Expert Specializing In CBDCs.

Ripple – the payment services using virtual currency XRP, is trying to find an expert specializing in CBDCs or [Central Bank Digital Currencies].

In line with a recent job posting by Ripple, the firm is seeking a senior director of central engagements that specializes in supporting CBDC initiatives with Ripple’s real-time gross settlement system, XRP Ledger.

With the new position, Ripple is looking forward to defining its CBDC strategy with central banks, build relationships and projects, also as educate global central bankers, the official posting added. The position requires over 10 years of experience in technology sales or account management involving selling to leading financial institutions or central banks.

The new job posting reaffirms Ripple’s intentions to implement its technology for developing CBDCs. Earlier in September 2020, XRP published a CBDC-related post, touting its payments network RippleNet as a necessary tool for permitting interoperability between global CBDC initiatives. Also in August, Emi Yoshikawa, senior director of global operations at Ripple, claimed that XRP won’t compete with CBDCs but is quite complimentary.

It’s unclear whether Ripple is involved in any of the continued CBDC pilots or not thus far. However, the firm has still been in-tuned with some global central banks. Also in May 2020, Ripple reportedly had a closed-door meeting with the central bank of Brazil to debate “institutional matters.”

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