Thanks to @bankxrp for posting this last night.
Below you will find Ripple submission to the US Federal Register Notice just a couple months ago. This submission was sent on December 13th of 2018.
You can find the full document below:
We are going to highlight some of the key points of this document but please read the full document it is only about 9 pages.
- 2015 the Federal Reserve issued strategies for improving the US payment system / 2017 the Federal Reserve was asked to develop a 24x7x365 settlement services for faster payments
- Federal Reserve set out to develop a 24x7x365 settlement service for faster payments and to develop a liquidity management tool to support this service
- Full payment information carried in each message sent
Key Response from Ripple:
-For the US to remain internationally competitive and drive payment innovation, it is important that new systems are exploring and adopting the latest technology.
-The Interledger Protocol is an open-source solution designed to synchronize transactions across ledgers, enabling interoperability across domestic or cross-border systems.
-New systems should explore leveraging digital assets as a liquidity or settlement tool, especially for cross-border transactions.