In an exciting development for Ripple and its Central Bank Digital Currency (CBDC) division, Antony Welfare, the division’s Advisor, took to Twitter to share the company’s remarkable achievement at the prestigious 2023 Digital Currency Conference. Ripple received its first-ever CBDC award, recognizing their exceptional advancements in digital currency and specifically lauding their Best Sustainability Initiative. The award was bestowed by Currency Research, a renowned global resource for central banks and their suppliers.
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Ripple Now Becomes the Best Sustainable Initiative award for CBDC.
Working in the @Ripple NYC office this week and very pleased to see our first ever #CBDC award 🥇 Awarded by @CurrencyResearc at the 2023 Digital Currency Conference for our: Advancement in Digital Currency, Best Sustainability Initiative ✅
Ripple, has a long history (from… pic.twitter.com/lsuErncYtD— Antony Welfare (@AntonyWelfare) July 10, 2023
Welfare, tweeting from the Ripple NYC office, expressed his pride in the company’s unwavering commitment to sustainability, a core value ingrained in Ripple since its inception. He highlighted Ripple’s dedicated CBDC team, which aims to develop sustainable, long-term solutions for their valued customers and trusted partners.
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Accompanying the tweet was an image of the coveted award, labelled “Best Sustainability Initiative — Ripple,” symbolizing the company’s significant contribution to the digital currency space.
XRP Community Reacts to the Ripple’s Breakthrough
The tweet quickly gained traction, with over 148.8k engagements from the XRP and broader crypto communities. The comment section overflowed with congratulatory messages and acknowledgements of Ripple’s outstanding achievements.
One user playfully suggested that Welfare could be crowned the “crypto cutie of 2023” if he continued to excel in his endeavours, admiring his accomplishments in the field.
However, not all responses were filled with unmitigated enthusiasm. A Bitcoin maximalist offered a mixed perspective, expressing support for Ripple’s triumph over the U.S. Securities and Exchange Commission (SEC) while cautioning about the potential implications of supporting Ripple.
Before this announcement, Antony Welfare had been actively championing the adoption and application of CBDCs through Ripple’s solution, making notable strides in advocating for their widespread implementation.
Ripple’s recognition at the 2023 Digital Currency Conference reinforces the company’s dedication to sustainability and further establishes its position as a prominent player in the digital currency industry.