Is XRP Powering FedNow Payments? What the Viral Rumor Gets Wrong

Cal Evans
Ripple XRP

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Key Takeaways:

  • No official confirmation supports claims that XRP is powering all Federal Reserve payments via FedNow.
  • Ripple’s blockchain is integrated through Volante, signaling growing blockchain adoption — but tying this directly to XRP use remains speculative.

Speculation is swirling in the crypto community following viral posts on X (formerly Twitter) that claim the U.S. Federal Reserve is using Ripple’s XRP token to power all payments via its FedNow instant payment system. The post boldly declared, “Not a test. Not a rumour. 100% confirmed,” further fueling online chatter.

However, the truth is far less sensational. While Volante Technologies — a key FedNow pilot partner — has integrated Ripple’s blockchain for cross-border payments, there is no official confirmation that the Federal Reserve is directly using XRP for FedNow transactions. In fact, Volante’s platform supports a wide array of technologies, including SWIFT, Ripple, and other digital currency solutions, offering flexible options for institutional clients.

Ripple Tech Integration Shows Growing Blockchain Momentum

FedNow’s move to adopt the ISO 20022 messaging standard by July 14 marks a significant step toward modernizing U.S. payment systems. The involvement of Volante Technologies, which utilizes Ripple’s blockchain among other tools, highlights the growing role of blockchain in mainstream financial infrastructure.

Also Read: Ripple and Stellar Gain ISO, IEEE Nod: Are XRP and XLM the Future of Finance?

Still, tying this development directly to XRP’s use as a global payments token remains speculative. While Ripple’s underlying technology has gained traction, claims that XRP is driving all FedNow payments are premature and lack formal verification.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

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