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 Top attorney John Deaton predicts SpendTheBits will prevail in the upcoming Ripple cross-border CBDC payments contest, following its previous victory. 
 John Deaton, the Founder of Crypto Law, has taken to Twitter to express his view&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/07/11/ripple-secures-first-cbdc-award-as-the-best-sustainability-initiative-for-digital-currency/" target="_blank" rel="noopener noreferrer nofollow">on the announcement that </a>&nbsp;the San Francisco-based blockchain technology firm Ripple has won the first-ever award for the Best Sustainability Initiative for digital currency regarding CBDCs. 
 In his response, Deaton highlighted the remarkable accomplishment of Jaskaran Kambo, Founder and CEO of SpendTheBits payment platform, and his company SpendTheBits Inc. 
 While acknowledging Ripple’s feat of securing the CBDC Award for a FinTech company, Deaton drew attention to&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2022/11/21/lulufin-and-spendthebits-win-huge-ripple-recognitions/" target="_blank" rel="noopener noreferrer nofollow">the CBDC Interoperability Contest </a> organized by Ripple, which attracted a staggering 500 contestants, with Kambo and his team emerging victorious. 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> <a href="https://twitter.com/Jay_SpendDBits?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Jay_SpendDBits</a> <a href="https://twitter.com/Spend_The_Bits?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Spend_The_Bits</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f947.png" alt="🥇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Z5jzHYP7kg" rel="noopener noreferrer nofollow">https://t.co/Z5jzHYP7kg</a> 
 <a href="https://twitter.com/JohnEDeaton1/status/1678772453789810690?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 11, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 Notably, the prominent lawyer is merely calling attention to a more remarkable feat attained by SpendTheBits, given that the firm is a crypto payment mobile app that operates on the&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/07/03/xrp-ledger-xrpl-welcomes-first-mortgage-backed-stablecoin/" target="_blank" rel="noopener noreferrer nofollow">XRP Ledger (XRPL) </a>. 
 For context, Ripple sponsored the CBDC Innovate Challenge in 2022, where developers were encouraged to build CBDC applications using Ripple’s technology. SpendTheBits was the winner in the interoperability category.&nbsp; 
 <h2 id="span-data-preserver-spaces-true-spendthebits-will-win-again-span">SpendTheBits Will Win Again </h2>... 
 <a href="https://thecryptobasic.com/2023/07/12/deaton-foresees-spendthebits-dominating-again-in-ripple-cross-border-cbdc-payments-contest/" rel="noopener noreferrer nofollow">Read more</a>
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Deaton Foresees SpendTheBits Dominating Again in Ripple Cross-Border CBDC Payments Contest

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TheCryptoBasic

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