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Stronghold processes USD transactions through the ACH network, linking digital assets with fiat payments. If RLUSD were bridged to Stellar, Stronghold could integrate it for settlements. This depends on Stronghold’s support and a secure bridge between Stellar, XRPL, and Ethereum. Ripple joined NACHA’s Payments Innovation Alliance in 2014 to... show more

Mr. Man

35,850 subscribers

40,297 views • 1 year ago •via X (Twitter)

Science & Technology Finance

Anya Rossi• Live Now

Private livecam show

10 Comments

Navigating Crypto1 year ago

$SHX will be the top performing asset this cycle and no one knows about it!

Volatility Shares2 years ago

Leveraged Ether-linked exposure with the 2x Ether ETF (Ticker: ETHU). Magnify your exposure to Ethereum today. ETHU invests in ether futures and does not invest directly in spot ether.

Just Some Guy1 year ago

There is a reason why the big 4 accountancy firms are all connected to the stellar network. Stellar is where the auditing takes place for compliance purposes, a universal repository so to speak. Great post @MrManXRP 🫡

Mr. Man1 year ago

🫡 Thank you @datruthhuts

yves.....1 year ago

Indeed, i have xrp in my lobstr stellar wallet... Soon rlusd😉

stogiescigs1 year ago

I really hope they come through with that credit card.

Mr. Man1 year ago

Same.

Jeremy Ciarlillo1 year ago

Super bullish on $SHx!

MoolaHMoolaH1 year ago

Watch out for when Reg E pruposed rule takes on Stablecoin, it may change the game of payments.

Mr. Man1 year ago

You speaking of this reg E. I’ve been waiting for it!! 🫡

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💎 $SHx 💎 PAYROLL POTENTIAL 💎 👉Hold onto your chequebooks, this post is pure money 😏 While other fintechs are screaming about their processes and potential market capture for payroll, Stronghold has THE LARGEST payroll administration right in their back pocket… 💳 ⬇️ Let’s explore first what Stronghold has achieved through years of stringent regulatory processes to ensure they are ready for what’s to come 👀 💥StrongholdPay holds several complex regulatory certifications and designations that ensure compliance with U.S. payment regulations, particularly for ACH processing. Here’s a concise list: 1️⃣Nacha ACH Audit Completion Successfully completed the annual Nacha ACH Audit, demonstrating adherence to Nacha Operating Rules for secure and compliant ACH payment processing.[]( 2️⃣Nacha Preferred Partner Recognized as a Preferred Partner for ACH Experience and ISO 20022, highlighting expertise in modernizing ACH transactions. 3️⃣Registered Money Services Business (MSB) Licensed as an MSB, allowing legal operation as a money transmitter under U.S. regulations. 4️⃣SOC 2 Type 2 Compliance Certified for robust data security and operational controls, meeting standards set by the American Institute of Certified Public Accountants (AICPA). 5️⃣Nacha Innovative Alliance Member Part of Nacha’s program to advance ACH network innovation, reflecting commitment to industry-leading practices. 🫡These certifications ensure StrongholdPay’s compliance with Nacha, OFAC, FFIEC, and other regulatory frameworks, enabling secure and reliable payroll and payment services. 😡 So, who cares? It’s not like the ACH handles payroll? I mean, there’s many other Ze-…bras that claim they are the status quo… 😉 This may help set the facts straight…. ⬇️ 👉👉👉In 2023, the ACH Network processed over 31 billion transactions, totaling $81 trillion. Specifically for payroll, direct deposit transactions, which primarily cover payroll and government benefits, accounted for approximately 8.9 billion transactions. While exact payroll-only figures are not isolated in public data, payroll constitutes a significant portion of direct deposit ACH credits. Based on industry estimates, roughly 70–80% of direct deposit transactions are payroll-related, suggesting an annual volume of around 6.2–7.1 billion payroll transactions in 2023. And yet, if you have been paying attention to Nacha, these figures from 2023 have DRAMATICALLY INCREASED. 🏁Conclusion 💨 Yes, there will be others that capture the “Dunkin Doughnuts Gift Card” portion of payroll, but it cannot compare to the sheer volume of the golden ACH. Stronghold has the certifications, intuition and operational partnerships to make this “potential” tech, change the world as we know it, for generations to come as more regulatory processes emerge (As is evident in the most recent Nacha podcast referenced below)

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29,379 views • 1 year ago

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85,219 views • 13 days ago

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BlindPay

89,850 views • 10 months ago

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35,604 views • 6 months ago

🚨 JUST IN: Ripple Name-Dropped in Congress Today 😎👇🏼 Rep. Sam Liccardo mentioned Ripple in a House hearing on financial innovation. He asked Fed regulators if they’re moving fast enough to support payment tech that makes money move quicker and cheaper. Earlier this year, Ripple proposed a recommendation of letting stablecoin issuers use Fed accounts with pre-funded ACH. This would help RLUSD integrate smoothly with U.S. domestic payments (payroll, bills, etc.) while reducing trapped capital.

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161,112 views • 3 months ago