The Federal Register has officially recognized the XRP Ledger as a global real-time payment and settlement system, highlighting its capacity to process up to 1,500 transactions per second. This performance surpasses that of Bitcoin and Ethereum, positioning the XRP Ledger as a more efficient alternative for financial transactions. Ripple, the company behind XRP, continues to advocate for the ledger's use as a faster and more cost-effective solution compared to traditional banking systems.