A research by SMQKE has drawn attention to Ripple’s potential for integration into critical financial infrastructure systems, including NACHA, SWIFT, and the Federal Reserve. SMQKE highlights excerpts from institutional or regulatory texts demonstrating Ripple’s compatibility with existing standards and networks. These texts suggest that Ripple’s distributed ledger technology can operate in conjunction with traditional financial systems rather than replacing them. 4 key findings were highlighted:
* **NACHA Integration:** A document suggests a potential model for Ripple’s integration into or mirroring NACHA (National Automated Clearing House Association) – which governs ACH transactions in the U.S. and sets rules for financial institutions. This echoes Ripple’s decentralized structure aligning with NACHA’s framework, implying it could operate under similar regulations.
* **SWIFT Interoperability:** The document distinguishes SWIFT as a messaging system that does not settle payments directly, while Ripple offers a full settlement layer through its distributed ledger. However, it explicitly states