XRP Gets Special Mention from Atlanta Fed

Key Points

1. The Atlanta Fed's May 2023 report, 'An Introduction to Web3 with Implications for Financial Services,' references XRP alongside Stellar as tokens studied for high-value transactions.

2. The report explores blockchain technologies like the XRP Ledger and Stellar as potential models for cross-border monetary flows, particularly in projects like Project Mariana involving central banks.

3. XRP's technical features, such as fast transaction speeds (3–5 seconds), low fees ($0.0002), and high throughput (1,500 TPS), make it attractive for international payments.

4. The mention of XRP in the report has drawn attention from the crypto community, signaling growing institutional interest in Web3 technologies.

5. The report does not explicitly recommend or endorse XRP but acknowledges its role in the broader discussion of financial infrastructure transformation.