PACE Act just dropped in Congress
Ripple and Circle could get direct Fed payment rail access if this passes
What this means:
• No more correspondent banking middlemen
• Lower settlement costs
• Faster cross-border rails
• Stablecoin issuers competing with banks on infrastructure
This is the regulatory shift crypto has been waiting for. If XRP and USDC can plug directly into Fed systems, traditional finance rails become obsolete overnight.
Watch this bill closely. Game changer for $XRP and $USDC if it moves forward.