XRP Takes Aim at SWIFT with Volante Integration
XRP's potential to compete with global payment systems such as SWIFT has taken a significant step forward, thanks to its integration with Volante Technologies' payment infrastructure.
This means that XRP can now settle transactions on the same rails used by the Federal Reserve for 24/7 real-time transfers through FedNow. However, it's essential to note that there is no official confirmation from the Federal Reserve about XRP being a service provider for FedNow.
The market has responded positively to this development, with demand for XRP intensifying and its total transaction count reaching a four-month high of 3.2 million. This surge in activity suggests growing network participation, but it remains unclear whether this will translate into a price rally.