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Ripple Lands New Country For A Stablecoin Pilot Project, XRP Involved? In a piece of news that went undetected within the crypto community for a few days, the Southeastern European country of Montenegro has announced a partnership with Ripple. The country’s prime minister, Dr. Dritan Abazović tweeted about the pilot project with Ripple already on January 18, 2023. Via the social media platform, the Montenegrin Prime Minister reported on his meeting with Brad Garlinghouse, CEO of Ripple, and James Wallis, Ripple Vice President for Central Bank Engagement and CBDCs and said: In addition, Dr. Abazović revealed that his country will be working with Ripple on a pilot project for a digital stablecoin: “In collaboration with Ripple and the Central Bank, we have launched a pilot project to build the first digital currency or stablecoin for Montenegro,” he stated and shared the image below. Montenegro is a candidate country for membership in the European Union whose application has not yet been approved. Although Montenegro is not yet part of the eurozone, the EUR is used by Montenegro. This means that the euro is not a legal tender there; however, it is treated as such by the government and the population. Full Article: <a rel="noreferrer nofollow noopener" href="https://bitcoinist.com/ripple-lands-country-stablecoin-pilot-project/" target="_blank">https://bitcoinist.com/ripple-lands-country-stablecoin-pilot-project/</a>
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