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Ripple is stepping into the real estate industry this time. He is working on a project that will convert real estate assets into tokens.
One of the companies that comes to mind when it comes to digital payments in blockchain technology is Ripple. With its CBDC programs, Ripple aims to solve many important issues, including international money transfer, with new technologies. Ripple Labs has recently taken a step towards transforming the real estate industry using tokenization.
Ripple central bank digital currency (CBDC) advisor Antony Welfare took to Twitter to highlight the growing global interest in both stablecoins and CBDCs. Welfare said that Ripple is exploring practical applications for CBDCs and stablecoins, with a focus on tokenizing real estate assets.
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