The Federal Reserve is expanding the integration of Hedera (HBAR) and XRP for RLUSD payments, guys! 💵✨ They want to make the FedNow payment system faster and more efficient with stablecoins. 🚀
Hedera has become a key player in blockchain-based payment solutions thanks to its integration into the FedNow system. 🏦 With its Dropp micropayment platform, Hedera helps facilitate transactions between financial institutions. 🔗 Shawn, from Ripple, said that if this integration will develop further, there may be more advanced RLUSD features in the future. 🌟
Ripple USD (RLUSD) is a digital dollar that is equivalent to USD, making international transactions faster and cheaper. 🌍💸 This collaboration between Ripple and Hedera can make the CBDC process and stablecoin payments smoother. 🔄
So, this step shows that the Federal Reserve is serious about using blockchain to improve the payment system. 📈 Stay tuned for crypto news on X (Twitter), CoinMarketCap, and Binance Square for daily updates! 📰
