FedNow and Ripple Join Forces: Pi Network’s Underlying Technology to Power CBDC Payments
In a groundbreaking development, Pi Network’s underlying technology, Ripple, has officially announced its partnership with FedNow, the digital dollar payment system being developed by the Federal Reserve. This collaboration is set to pave the way for the upcoming digital dollar central bank digital currency (CBDC) payment channel. The news, as reported by Forbes, has sent shockwaves through the cryptocurrency community and highlights the immense potential of Pi Network and Ripple in shaping the future of digital currencies. The Partnership’s Significance: The partnership between Ripple and FedNow holds significant implications for the broader adoption and integration of cryptocurrencies and blockchain technology into the traditional financial system. As one of the most prominent blockchain-based payment protocols, Ripple’s collaboration with the Federal Reserve’s FedNow initiative is a testament to the increasing recognition of the transformative power of distributed ledger techn...