Are CBDCs Now ‘Irrelevant’? Ripple CTO Says the Market Has Moved On

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Story Highlights* Ripple CTO David Schwartz said CBDCs may offer freedom benefits but have become “kind of irrelevant”.

  • Schwartz argued CBDCs are positive only if they expand financial options, not restrict them.
  • He noted the market has already moved beyond government-backed digital currencies toward more open financial models.
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