Atlanta Fed Bank Cites XRP for Global Payments


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Author: Qadir AK May 26, 2023 13:38

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Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.


Atlanta’s Federal Reserve Bank praises Ripple’s XRP for cross-border transactions. Reserve Bank eyeing XRP payments, Federal Bank on web3 at digital assets. The Report shows more use of web3 and Blockchain by central banks, Highlights project Mariana( A Proof Concept of by BIS; Bank of International Settlements, and financial institutions. Project Mariana boosts cross-border settlements using Ripple & Stellar for cost-effective transfers says, Federal Bank. Ripple employees XRP in finance, XRP is predicted to be a global payment and settlement coin. Focuses on web3 not Ripple/XRP.

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