Prominent American cryptocurrency exchange Uphold has officially confirmed that the U.S. Federal Reserve’s instant payment system, FedNow, facilitates instant XRP transactions to select U.S. bank accounts. This confirmation follows recent reports indicating FedNow’s involvement in processing XRP deposit transactions. Initially met with skepticism from the broader community, Uphold’s confirmation has laid doubts to rest.
FEDNOW
10/04/2024
(updated 10/04/2024)
Published by Subnet