XRP Integration FedNow Isn’t Coming - It’s Already Running

A crypto researcher’s social media post has put a spotlight on something that has been suggested: a potential path for XRP integration into FedNow, the Federal Reserve’s instant payment system, through a technology vendor most bank customers have never heard of. The researcher, known online as SMQKE, connected the dots using Volante Technologies, a firm that already links financial institutions to FedNow and confirms that XRP settlement could run through its existing Ripple connection.

Key takeaways

• Volante Technologies is a confirmed FedNow technology provider with an active Ripple integration, and XRP settlement could be available through that same connection.
• Volante’s Ripple integration dates back to October 2015, when it launched VolPay Hub, and was expanded in 2016 with a dedicated Ripple solution inside its VolPay Foundation platform.
• The 2023 Faster Payments Barometer found that 47% of organizations prefer connecting to FedNow through a third-party service provider rather than building direct connections.
• Volante links institutions to both FedNow and The Clearing House’s RTP network, meaning banks using that route could have access to XRP settlement on the same platform.
• 92% of surveyed organizations said interoperability across payment systems matters to them, according to the same Barometer survey.

Volante Technologies Could Enable XRP Integration with FedNow

The core of this story is not a new announcement but an old partnership that researchers have suggested could be relevant. Volante is one of the technology providers that banks and credit unions use to plug into FedNow, and it happens to be the same company that built one of the earliest enterprise-grade Ripple connections in the payments world.

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