#xrp #XRPInvesting #XRPFuture #XRPWave #XRP-0.76% In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The collaboration aims to explore the potential benefits and use cases of Ripple’s Central Bank Digital Currency (CBDC) platform for the public sector, businesses, and retail users. Ripple’s expertise and commitment to the project’s success were key factors in its selection, as announced by the NBG.NBG And Ripple Forge Path To DigitalizationAccording to the announcement, the National Bank of Georgia chose Ripple after a “rigorous selection process” involving nine shortlisted companies. Ripple stated that the company’s “deep understanding” of the project’s objectives, extensive experience in real-life pilot deployments, and comprehensive CBDC solution, were instrumental in securing the partnership. Ripple’s Valuation Soars To $15 BillionCentral Bank Digital Currencies provide digital versions of fiat currencies, eliminating concerns over price volatility as their values remain fixed. China and India have launched CBDC pilots. China’s CBDC pilot is one of the most successful, with over 260 million wallets in use.