New Document: Bank of France Prefers XRP Features to Issuing Europe’s CBDC

A recent tweet by crypto researcher SMQKE has reignited attention on France’s ongoing exploration of central bank digital currencies (CBDCs), highlighting the country’s apparent preference for the XRP Ledger’s architecture as a model for its digital currency ambitions. Citing official documentation and statements from French authorities, the tweet states: “Remember, the Bank of France ‘prefers’ the features of XRP to issue Europe’s Central Bank Digital Currency. Documented.” The documentation in question includes a report from Piper Alderman referencing a publication by CPA Australia, which states that France has “openly discussed Ripple/XRP as a possible platform to Europe’s central digital currency.” The report underscores the appeal of XRP and the XRP Ledger (XRPL) due to its highly centralised architecture and permissioned network capabilities. These characteristics stand in contrast to open, public blockchain networks like Bitcoin or Ethereum, which, while decentralised, are less suitable for central banking requirements concerning transaction privacy, speed, and regulatory control. Remember, the Bank of France “prefers” the features of XRP to issue Europe’s Central Bank Digital Currency. Documented. https://t.co/DDvBlO58Cb pic.twitter.com/BX1HKzAkvg — SMQKE (@SMQKEDQG) May 28, 2025 XRP Ledger Highlighted for Its Permissioned Network and Centralised Design The XRP Ledger’s design offers a compelling framework for central banks, allowing only authorised validators to confirm transactions. This model enables a high level of control and compliance, which are essential for the issuance and management of digital currencies by state monetary authorities. According to the CPA Australia report, this configuration has earned XRP the trust of many banks that consider it a viable technological foundation for CBDCs. Ripple’s proposal, as highlighted in the Piper Alderman document, showcases how the XRP Ledger can meet critical requirements for speed and security that are not attainable with fully decentralised public networks. The same report adds that while some blockchain technologies may not align with CBDC goals, configurations like XRPL can still meet the high standards required for official monetary systems. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Bank of France Emphasises Need for Secure Settlement Assets Further supporting this position is a recent speech delivered by Denis Beau, the First Deputy Governor of the Bank of France, at the Fintech R:Evolution summit in Paris on May 21, 2025. The speech, officially published by the Bank for International Settlements, outlines three pillars for developing the European financial ecosystem, one of which is the tokenisation of finance. Beau confirmed that the lack of a secure settlement asset is currently impeding tokenized finance in Europe. In response, he stated that the Eurosystem has committed to providing a wholesale CBDC by 2026 to meet this need. The Bank of France has identified that integrating such a secure asset is crucial not only for domestic financial stability but also for ensuring Europe’s monetary sovereignty. In this context, the suitability of platforms like the XRP Ledger becomes especially relevant. As the documentation notes, Ripple’s proposal demonstrates how certain configurations of blockchain technology can satisfy the security, efficiency, and scalability requirements for CBDC implementation. France Positions Itself as a Leader in European CBDC Development Denis Beau also emphasized the importance of harmonized regulatory frameworks such as MiCA and the Pilot Regime in facilitating the growth of tokenized assets across Europe. He pointed out that despite progress, significant obstacles remain, particularly the need for central bank-backed infrastructure to enable safe and scalable blockchain-based financial systems. The formal inclusion of market representatives in discussions about regulatory implementation and technological deployment signals a coordinated effort by French and European financial authorities to shape the digital economy. Beau concluded his speech by stating his conviction that the French ecosystem has strong potential in developing high-value-added CBDC use cases. XRP Features Align with Eurozone’s Digital Currency Vision Taken together, the statements from the Bank of France, the referenced CPA Australia report, and the documentation shared by SMQKE converge on a central message: the features of the XRP Ledger align closely with the operational demands of a European CBDC. While no final platform has been officially designated, XRP’s architecture remains under active consideration by key monetary authorities in Europe. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Document: Bank of France Prefers XRP Features to Issuing Europe’s CBDC appeared first on Times Tabloid .

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