A U.K. Treasury-backed report included Ripple in a 12-month plan to transition tokenized repo, fixed income, and fund products from sandbox pilots into live markets.
According to NS3.AI, the report was produced by a team led by Chris Woolard and outlined potential economic benefits tied to productivity gains and cost efficiencies.
The team estimated these improvements could raise annual economic output by 33 billion pounds and increase annual tax receipts by 14 billion pounds within a decade.
The plan focuses on moving beyond pilot programs by bringing tokenized financial instruments into operational markets over the next 12 months.