Ripple: A New Force in the World CBDCRipple is deepening its involvement in the sector, as evidenced by its collaboration with five central banks in successful pilot projects. These include the well-known Palau stablecoin, as well as confirmed pilot projects in Montenegro, Bhutan, Hong Kong, and Colombia. Currently, Ripple is in discussions with more than 20 countries about potential CBDC initiatives. The latest addition is Georgia, where Ripple Labs has been shortlisted alongside eight other contenders.