Ripple has clinched two prestigious awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023. Juniper Research revealed yesterday, on October 3, that the fintech company has been honored with the “Sustainability in Fintech Innovation of the Year”  and the “CBDC Innovation” award.

Ripple Impresses With Its CDBC Initiatives

The “Sustainability in Fintech Innovation of the Year” award was rewarded for Ripple’s innovative work on the US Dollar-backed Palau Stablecoin (PSC). According to the research firm, the stablecoin stands out due to its issuance on the XRP Ledger (XRPL), known as a carbon-neutral blockchain. Over the span of a decade, the XRPL “has facilitated millions of transactions, ensuring robust privacy and security for the settlement and …