Meanwhile, Ripple its Central Bank Digital Currency platform, enabling central banks and governments to create stablecoins for trading, holding, and transactions.

Source: https://investorplace.com/2023/05/hero-or-zero-3-speculative-cryptos-to-make-you-rich-or-broke/

The Smart Stabilization System holds significant potential for maintaining the stability of both financial assets and digital currencies, including Central Bank Digital Currency (CBDC), while making the best use of blockchain technology.

Source: https://www.africanews.it/english/islamic-development-bank-institutes-smart-stabilization-system-patent-application-earns-favorable-assessment-from-world-intellectual-property-organization/