Ripple (XRPUSD): Federal Reserve using Ripple for AUTOMAT...

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WiseYoda

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Tuesday, 12/24/2019 7:35:48 PM

Tuesday, December 24, 2019 7:35:48 PM

Federal Reserve using Ripple for AUTOMATED CLEARINGHOUSE SERVICE (ACH)...it’s simply a matter of time when Feds will start using XRP for liquidity. HODL...Long and strong XRP!
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Federal Reserve Board - Federal Reserve approves modifications to National Settlement Service and Fedwire® Funds Service to support enhancements to the same-day AUTOMATED CLEARINGHOUSE SERVICE
https://www.federalreserve.gov/newsevents/pressreleases/other20191223a.htm

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Ripple Labs Joins NACHA Alliance | Ripple:
“Founded in 1974, NACHA is one of the country’s premier industry groups, representing over 11,000 financial institutions, and oversees ACH (AUTOMATED CLEARINGHOUSE SERVICE) the electronic network that’s the backbone of US payments.”
https://ripple.com/insights/ripple-labs-joins-nacha-alliance/

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Payments Innovation Alliance | Nacha

“The Payments Innovation Alliance brings together diverse, global stakeholders to support payments innovation, collaboration, and results through discussion, debate, education, networking, and special projects that support the ACH (AUTOMATED CLEARINGHOUSE SERVICE) Network and the payments industry worldwide.”

https://www.nacha.org/payments-innovation-alliance