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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...

40,297 görüntüleme • 1 yıl önce •via X (Twitter)

10 Yorum

Navigating Crypto profil fotoğrafı
Navigating Crypto1 yıl önce

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

Volatility Shares profil fotoğrafı
Volatility Shares2 yıl önce

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 Guy profil fotoğrafı
Just Some Guy1 yıl önce

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. Man profil fotoğrafı
Mr. Man1 yıl önce

🫡 Thank you @datruthhuts

yves..... profil fotoğrafı
yves.....1 yıl önce

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

stogiescigs profil fotoğrafı
stogiescigs1 yıl önce

I really hope they come through with that credit card.

Mr. Man profil fotoğrafı
Mr. Man1 yıl önce

Same.

Jeremy Ciarlillo profil fotoğrafı
Jeremy Ciarlillo1 yıl önce

Super bullish on $SHx!

MoolaHMoolaH profil fotoğrafı
MoolaHMoolaH1 yıl önce

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

Mr. Man profil fotoğrafı
Mr. Man1 yıl önce

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

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How does XPay work on the backend to move money. Let’s find out. X (formerly Twitter) will use interledger protocol within its tech stack. Let’s discuss. XPay can integrate the Interledger Protocol (ILP) to enable seamless, cross-network payments. Here’s how it can work: 💰Interledger as a Routing Layer – ILP acts as a bridge between different payment networks, allowing XPay to facilitate transactions across banks, digital wallets, and blockchain networks without requiring direct partnerships with each. 💰Streaming Payments – XPay can use ILP’s streaming capability to send continuous micropayments, enabling pay-per-use services or real-time settlement for merchants. 💰Currency-Agnostic Transfers – ILP supports sending payments in one currency and receiving them in another. XPay could allow users to pay in their local currency while merchants receive in their preferred currency. 💰Interledger Connectors – XPay can use third-party ILP connectors or set up its own to route payments efficiently, reducing reliance on traditional banking rails. 💰Integration with Social Media (e.g., Twitter) – If XPay integrates with platforms like Twitter (as Vanessa suggests), it could enable instant monetization via tipping, content subscriptions, or ad revenue payouts using ILP’s frictionless payment system. 💰Wallet Interoperability – XPay could function as an ILP-enabled wallet, allowing users to send/receive payments across different networks without worrying about compatibility. By leveraging ILP, XPay can create a fast, low-cost, and interoperable payment system that works across traditional finance, crypto, and emerging payment networks.

Mr. Man

82,118 görüntüleme • 1 yıl önce

💎 $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)

SHxGuRu

29,379 görüntüleme • 1 yıl önce