The Crypto Basic
2022-08-31 09:43:12

New US Federal Reserve Instant Payment System ‘FedNow’ Will Not Use XRP

  US Federal Reserve’s upcoming FedNow is not using XRP as a bridge currency. Despite recent tweets making the rounds, the Fed will not use XRP within FedNow, its latest payment initiative system launching in mid-2023, as it has nothing to do with cross-border payments that involve two different currencies. Notably, XRP content creator Crypto […]The post New US Federal Reserve Instant Payment System ‘FedNow’ Will Not Use XRP first appeared on The Crypto Basic.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.