The Central Bank of Georgia will conduct a CBDC pilot project on the Ripple network.

BlockBeats news on November 4th reported that the National Bank of Georgia has partnered with blockchain payment company Ripple to launch a pilot project for the country's central bank digital currency (CBDC). The NBG's pilot program will test Ripple's CBDC platform to evaluate the practical use cases of the "digital lari" CBDC for the country's public sector, businesses, and retail users.