U.S. Lawmakers Name Ripple in Push to Overhaul $93 Trillion ACH Network

robot
Abstract generation in progress

Story Highlights* Ripple was cited in a U.S. hearing as lawmakers push to modernize ACH payments, exploring blockchain and pre-funded models for faster settlement.

  • U.S. regulators weigh Ripple-style solutions for a $93T ACH system, with stablecoins and pre-funding seen as keys to faster, safer payments.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin