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Ripple, the payment services using XRP digital currency, is looking for a specialist in central bank digital currencies or CBDCs.
According to a recent job announcement from Ripple, the company is seeking a senior director of central bank engagements focused on supporting CBDC initiatives with Ripple’s real-time gross settlement system, XRP Ledger.
With the new position, Ripple is looking to define its CBDC strategy with central banks, build relationships and projects, as well as educate global central bankers, the job announcement notes. The position requires over 10 years of experience selling technology or managing accounts that involve selling to large financial institutions or central banks.
The latest job offer reiterates Ripple’s intentions to implement its technology for CBDC development. In September 2020, Ripple released a CBDC related post, advertising its RippleNet payments network as a necessary tool to enable interoperability between global CBDC initiatives. In August, Emi Yoshikawa, Ripple’s senior director of global operations, said that XRP won’t compete with CBDCs but is rather complementary.
It is unclear whether Ripple is involved in any of the ongoing CBDC pilots or not so far. However, the company is still in contact with some global central banks. In May 2020, Ripple reportedly held a closed-door meeting with Brazil’s central bank to discuss “institutional issues”.
