XRP sparked new speculation within the community after allegations emerged that the token could potentially be used alongside the Federal Reserve’s FedNow infrastructure through Volante Technologies. Volante, a payments technology provider, supports FedNow as well as RTP, ACH, Fedwire, and SWIFT, and has maintained a relationship with Ripple since 2015, when its VolPay platform was integrated into the Ripple network. This link fueled speculation that XRP could become a settlement or liquidity option in multi-channel payment systems accessible to banks. XRP is currently trading at $1.46, after recently coming close to the $1.50 threshold.
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