XRP Integration into FedNow Made Possible Through Volante Technologies

The integration of XRP into FedNow has been made possible through Volante Technologies, a technology provider for the payment network. According to SMQKE, a crypto researcher, Volante's Ripple integration allows institutions to connect to both FedNow and The Clearing House's RTP network. This means that financial institutions can already access XRP settlement on the same platform.

Volante's multi-network structure addresses the priority of interoperability across compatible systems, which is considered important by 92% of respondents in the 2023 Faster Payments Barometer. The integration has been active since October 2015, when Volante launched the VolPay Hub Ripple integration capability.

The preferred approach for connectivity to FedNow and RTP is through a third-party service provider, with 47% of organizations preferring this route. Volante's position as a multi-network service provider makes it an ideal partner for institutions looking to connect to these networks.