Ripple creates private ledgers for central banks They fork the xrpl ledger. If you don’t know Hookie a fork is a copy. So each central bank can have their own cloned ledger (not the xrpl, just a copy, same line of Code and functions just different label) From there they can operate inside their own private ledger. Create and issue their own cbdc’s Where the grand idea is, is that all these created private ledgers connect to the main xrpl as a central hub or global rtgs. Real time gross settlement system and utilize the amm for cross boarder settlement A hub and spoke model