🚀 FedNow y $XRP : How are they indirectly connected?
Although FedNow does NOT use XRP directly, both technologies complement each other in today’s financial system. This is their indirect relationship:
🌐 Same standard (ISO 20022): Both networks use the international financial messaging standard, making it easier for banks to connect both systems.
🔄 Shared intermediaries: Companies like Volante Technologies and ACI Worldwide are integrated with both FedNow and RippleNet, allowing banks to use both technologies simultaneously.
⚖️ Complementary roles:
FedNow: Moves dollars instantly within the U.S. (domestic payments).
XRP / Ripple: Helps provide liquidity and transfers money between different countries (cross-border payments).
💡 In summary: FedNow settles local payments in the U.S., while XRP/Ripple enables sending that money abroad in seconds. Banks can combine them to connect local and international transfers.
Although FedNow does NOT use XRP directly, both technologies complement each other in today’s financial system. This is their indirect relationship:
🌐 Same standard (ISO 20022): Both networks use the international financial messaging standard, making it easier for banks to connect both systems.
🔄 Shared intermediaries: Companies like Volante Technologies and ACI Worldwide are integrated with both FedNow and RippleNet, allowing banks to use both technologies simultaneously.
⚖️ Complementary roles:
FedNow: Moves dollars instantly within the U.S. (domestic payments).
XRP / Ripple: Helps provide liquidity and transfers money between different countries (cross-border payments).
💡 In summary: FedNow settles local payments in the U.S., while XRP/Ripple enables sending that money abroad in seconds. Banks can combine them to connect local and international transfers.
