Ripple is testing a private version of the XRP Ledger for issuing CBDCs

Ripple is testing a private version of the XRP Ledger specifically designed for issuing central bank digital currencies (CBDCs), according to a Ripple blog post.

Just like the open-source version, the CBDC private ledger can issue digital assets like XRP, which can be used to connect different currencies and also facilitate payments. Ripple claims that the ledger can handle up to "hundreds of thousands" of transactions per second. The company added that it is already working with central banks to find out how the new private ledger can fit into their plans to issue CBDCs.