On Monday, the Federal Reserve held a webinar to discuss their plans for the FedNow payment settlement system, which revealed major implications for XRP. Connie Theien of the Fed discussed whether or not FedNow would implement a digital currency such as XRP to settle transactions. The answer was not great for Ripple fans or cryptocurrency fans. They do not have plans to use crypto at this time.

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23 COMMENTS

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  2. You’d take what she says as gospel?
    Would Ye not be sceptical considering the Nda,s ?‍♂️ I mean really who believes anything of these guys say
    Look what bg said to the boa patent on national tv he out right lied ?? come on mate ?

  3. Forgive me for being ignorant I'm not exactly sure on how Ripple works. But I thought the whole point of the remittance was that they could convert it into xrp send it to whatever country they want and then converted back into whatever currency they want? Doesn't that mean the FED now could still easily use xrp and then convert into the US dollar?

  4. I'm an XRP investor and have little doubt that it will flourish. I've had XRP for over a year and a half. Never during that time was the FedNow part of the conversational until the last month or so. That is and was pure speculation. However, I think it's worth noting that her answer was weak. They'll settle in US dollars… is that groundbreaking?! That'll make very little difference. My belief in XRP has everything to do with the non speculative fundamentals that are happening daily. The foundation it's being laid for big things, with or without FedNow

  5. He's right people Ripple will never go to 5 million or even 1 million its basic math calculate all the fiat currency in the world and like you said there's not even enough people forget basic math nowadays because people are so damn stupid. HAPPY STACKING

  6. I hold XRP but most of the holders are borderline delusional. I witnessed many of them doing back flips after hearing this news. The story can have nothing to do with XRP and they will makeup a nonsensical connection with no merit whatsoever. Then when you expose this fact they claim it's because NDA's.

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