Ripple has announced the launch of a central bank digital currency (CBDC) platform. This innovative solution empowers central banks, governments, and financial institutions to issue their own digital currencies, revolutionising the financial landscape. Empowering Central Banks with Customisable CBDC Life Cycle Ripple’s CBDC platform provides central banks and governments with comprehensive tools to manage their digital currencies. The platform allows for seamless management of the entire life cycle of the CBDC, including minting, distribution, redemption, and token burning.