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A recent <a href="https://x.com/oroogle/status/1860507795029918026" rel="noopener noreferrer nofollow">tweet</a> from Shawn Oroogle, a member of the World Economic Forum, has ignited significant interest in the cryptocurrency and financial technology sectors.
Oroogle revealed that HBAR, Hedera’s native cryptocurrency, is expanding its integration within the U.S. Federal Reserve’s ecosystem, partnering with XRP to enable Ripple USD (RLUSD) payments.
This development, if realized, marks a significant milestone for both Hedera and Ripple in the global payment and stablecoin landscape.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">BREAKING: <a href="https://twitter.com/search?q=%24HBAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HBAR</a> integration into the Federal Reserve to expand in partnership with <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> to enable RLUSD payments
 After Hedera was successfully integrated into the FedNow payment system of the U.S. Federal Reserve through dropp, there might soon be an expansion of the… <a href="https://t.co/z4y0NmLJvK" rel="noopener noreferrer nofollow">pic.twitter.com/z4y0NmLJvK</a>
 — Shawn (@oroogle) <a href="https://twitter.com/oroogle/status/1860507795029918026?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 24, 2024</a>
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<h2 id="b-background-on-hedera-and-federal-reserve-integration-b">Background on Hedera and Federal Reserve Integration</h2>
Hedera was previously integrated into the Federal Reserve’s FedNow payment system via Dropp, a micropayment platform built on the Hedera network.
FedNow, launched in 2023, is the Federal Reserve’s real-time payment system designed to enable instant money transfers across the United States. Hedera’s role in facilitating microtransactions has highlighted its potential to support scalable and efficient payment solutions.
Building on this initial integration, Oroogle’s tweet suggests that Hedera’s partnership with Ripple and the introduction of <a href="https://timestabloid.com/ripple-rlusd-listed-as-a-currency-in-extended-global-forex-data/" rel="noopener noreferrer nofollow">RLUSD</a>, a stablecoin designed to mirror the U.S. dollar, will enable swift and cost-effective transactions through a robust interoperability layer between HBAR and XRP.
<h2 id="b-ripple-usd-and-its-role-in-payments-b">Ripple USD and its Role in Payments</h2>
<a href="https://timestabloid.com/ripples-rlusd-to-pump-xrp-to-10000-top-crypto-proponent-makes-a-case/" rel="noopener noreferrer nofollow">Ripple USD (RLUSD)</a> is an underway stablecoin built for seamless, fast, and low-cost transactions. Unlike traditional fiat currency systems, stablecoins such as RLUSD operate on the blockchain network, providing transparency and efficiency.
RLUSD is part of Ripple’s broader initiative to establish itself as a key player in stablecoin and central bank digital currency (CBDC) settlements.
Oroogle also hinted at an emerging interoperability standard between <a href="https://timestabloid.com/ripple-ceo-and-hedera-co-founder-discuss-future-partnership/" rel="noopener noreferrer nofollow">Hedera and Ripple</a>, potentially encompassing HBAR and XRP. This would facilitate the integration of different blockchain ecosystems, advancing the adoption of decentralized payment solutions.
<h2 id="b-community-reactions-and-clarifications-b">Community Reactions and Clarifications</h2>
The tweet garnered significant attention from cryptocurrency enthusiasts and analysts. An X user, nietzbux, <a href="https://x.com/nietzbux/status/1860508619696902221" rel="noopener noreferrer nofollow">questioned</a> the specifics of the integration, asking whether RLUSD would run on Hedera or the XRP Ledger (XRPL) and the source of the information.
Oroogle responded, <a href="https://x.com/oroogle/status/1860508950795305369" rel="noopener noreferrer nofollow">citing</a> “internal sources”. He explained that the stablecoin would likely be bridged and integrated through Hedera’s Stablecoin Studio. However, he emphasized the need to wait for an official announcement for further details.
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 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a>
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<h2 id="b-implications-for-the-financial-and-cryptocurrency-sectors-b">Implications for the Financial and Cryptocurrency Sectors</h2>
If confirmed, this collaboration could have far-reaching implications. By integrating HBAR and XRP with RLUSD payments, the initiative could serve as a model for interoperability between different blockchain networks. This aligns with ongoing efforts by both Hedera and Ripple to set global standards for CBDC and stablecoin transactions.
Additionally, the potential use of Hedera’s Stablecoin Studio as the integration mechanism underscores its capability to support enterprise-grade stablecoin solutions. Ripple’s experience in cross-border payments and Hedera’s focus on scalable, energy-efficient blockchain technology could form a synergistic partnership, positioning both entities as key players in the evolution of digital payments.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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The post <a href="https://timestabloid.com/federal-reserve-hedera-integration-to-expand-in-partnership-with-xrp-to-enable-rlusd-payments/" rel="noopener noreferrer nofollow">Federal Reserve Hedera Integration to Expand in Partnership with XRP to Enable RLUSD Payments</a> appeared first on <a href="https://timestabloid.com" rel="noopener noreferrer nofollow">Times Tabloid</a>.

Federal Reserve Hedera Integration to Expand in Partnership with XRP to Enable RLUSD Payments

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