CBDCs and Stablecoins

Accelerate payments and reduce costs

The Ripple CBDC Platform offers a comprehensive platform for minting, managing, transacting, and destroying CBDCs and stablecoins. Each solution is built on a private ledger that is based upon XRP Ledger technology—a proven blockchain that has transacted over 70 million times over the course of 10 years and is trusted by financial institutions around the world.

Why choose the Ripple CBDC platform?

The Ripple CBDC Platform offers several product modules, including: Issuer, Operator, End User Wallets, and Ledger.


Stability, security, and resilience

Build trust using the XRP Ledger’s proven technology, enabling consistent standards, privacy, and security.


Interoperability and overlay services

Connect to domestic payment systems, core ledgers, and other CBDCs to reach new levels of innovation through programmability support and smart contracts.


Access and inclusion

Enable wholesale and retail use cases by supporting a variety of participants including banks, fintechs, and members of the public.



Commit to sustainable innovation through the XRP Ledger’s carbon-neutral technology, which uses a unique “consensus” mechanism that consumes negligible energy.

How the CBDC Platform works

Step 1


Standard APIs enable integration of the CBDC Platform into existing systems.

Step 2


Banks can use the CBDC Platform's cryptographic multi-sign controls to mint CBDCs or stablecoins.

Step 3


Issuers can directly send CBDCs or stablecoins to authorized accounts, ensuring only valid participants can receive and hold the CBDC or stablecoins.

Step 4


Transactions settle in 2-3 seconds across many use cases. Interoperability enables cross-asset and cross-border transactions when connected to another CBDC or stablecoin.

Step 5


Participants can return funds on the Ripple CBDC Platform to the issuer in exchange for fiat.

Step 6


The CBDC Platform supports the secure destruction of currency, giving the bank full control over supply.

With Ripple’s groundbreaking technology, we can experiment with CBDCs within our existing payments infrastructure while ensuring efficient and cost-effective cross-border transfers.
Yangchen Tshogyel
deputy governor of the Royal Monetary Authority of Bhutan

Awards and Recognition

Ready to get started?

Contact a member of our team to learn how Ripple’s Central Bank Digital Currency Platform can help you implement a secure, inclusive, sustainable solution tailored to meeting your needs in a changing financial world.