📌 Why the Fed’s Latest FedNow Proposal Could Be a Major Boost for Ripple and XRP – The Federal Reserve is moving to expand FedNow by allowing banks and credit unions to route payments through intermediaries, a shift that could unlock major new rails for Ripple and XRP to power real-time, cross-border transactions.
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The Federal Reserve’s latest FedNow proposal to let banks and credit unions route instant payments through intermediaries could unlock major new rails for Ripple and XRP. Enabling third‑party connectors and nonbank partners to access FedNow lowers barriers for using XRP Ledger liquidity in real‑time cross‑border settlement, potentially cutting costs and settlement times versus legacy correspondent networks.
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