Volante Technologies' Existing Connection Could Unlock XRP Integration with FedNow
Volante Technologies has been confirmed as a technology provider for FedNow, the Federal Reserve's instant payment system. A crypto researcher discovered that Volante's existing Ripple connection could be used to integrate XRP into FedNow.
The integration dates back to October 2015, when Volante launched its VolPay Hub and expanded it with a dedicated Ripple solution in 2016.
According to the 2023 Faster Payments Barometer, 47% of organizations prefer connecting to FedNow through a third-party service provider rather than building direct connections. This is exactly what makes Volante's dual role with FedNow and Ripple potentially relevant.