XRP Integration into Volante Platform Sparks Confusion Over FedNow Ties

Ripple's XRP has been integrated into Volante Technologies' payments infrastructure platform, which connects banks to both FedNow and Ripple's network.

This integration is a cloud-based solution that allows financial institutions to use XRP as a settlement asset while also accessing FedNow rails. However, it's essential to note that this does not mean XRP has been endorsed by the Federal Reserve for use in FedNow payments.

The Volante platform was launched back in 2015 and had already integrated Ripple's network by then. In June 2020, Volante confirmed its ability to settle payments through XRP via its connection with Ripple.