Ripple Labs to revolutionize real estate industry through tokenization
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Digital payments and blockchain technology company Ripple Labs has announced an initiative to transform the real estate industry using tokenization.
Antony Welfare, central bank digital currency (CBDC) adviser at Ripple, highlighted the growing global interest in CBDCs and stablecoins in a July 7 tweet. He emphasized that Ripple’s team is actively exploring practical applications for CBDCs and stablecoins, focusing on tokenizing real estate assets.
