According to CryptoBasic, the Federal Reserve Bank of Atlanta (Yeoneun) recently considered Ripple (XRP) as an 'international payment method' through a report on 'Web 3 related to financial services'. In the report, the Fed cited Ripple and Stellar as blockchain-focused companies facilitating efficient cross-border payments. At the same time, the report explained that "Ripple's business model is to provide financial services using XRP."