Ripple partners with National Bank of Georgia to digitize economy

Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy.

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Major cryptocurrency firm Ripple is deepening ties with the Republic of Georgia by exploring ways to digitize the local economy with the National Bank of Georgia (NBG).

Natia Turnava, the acting governor of the National Bank of Georgia, and Varlam Ebanoidze, head of the bank’s Financial and Supervisory Technology Development Department, have met with Ripple executive James Wallis to enhance cooperation in financial technology and digitalization.

The Georgian central bank officially announced the meeting in a LinkedIn post on June 8.

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