U.S. lawmakers explore Ripple's push to modernize payment networks with blockchain

A recent U.S. House Financial Services Committee hearing highlighted Ripple's role in modernising payment systems. The discussion focused on improving the Automated Clearing House (ACH) network, which handled around $93 trillion in transactions last year. Representative Sam Liccardo raised questions about speeding up settlements and reducing risks within the system. During the hearing, Liccardo asked Randall Guynn about potential upgrades to the ACH network. Ideas included pre-funding transactions, setting limits on payment sizes, and introducing stronger monitoring tools. These suggestions aim to cut delays and improve security.

Ripple was specifically mentioned as a company pushing for faster, cheaper transactions. The firm had already proposed a similar plan in February 2026, urging the Federal Reserve to allow pre-funded ACH accounts for stablecoin issuers like RLUSD. Other major players, such as Visa and Intuit, also contributed ideas for network improvements.

The ACH network processed over $61 trillion in credit payments alone in 2025. With blockchain-based solutions gaining attention, proposals like Ripple's could influence how future payments are structured in the U.S. The hearing underscored the growing interest in blockchain technology within traditional finance. While Ripple's 2026 proposal remains unanswered by the Federal Reserve, the discussion signals a shift toward integrating digital assets with existing payment systems. Any changes could reshape how transactions are processed across the country.