Central Bank of France is Eyeing XRP as Basis for Digital Euro

CPA Australia has released a report that says the Central Bank of France is considering using Ripple and XRP as a potential platform for issuing the digital euro.

CPA Australia is a professional accounting organization in Australia that has been working since 1886 with more than 166,000 employees in over 150 nations globally.

They have published a report called “Central Bank Digital Currencies (CBDCs): A Comparative Review.” The document has revealed that the French Central Bank has been discussing Ripple and XRP as a possible basis for launching the digital euro.

The two biggest cryptocurrencies have also been looked at. However, the report calls Bitcoin a too risky means of exchange. As for Ethereum, it is decentralized and cannot be controlled by any government.

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