The Clearing House's RTP network settled 128 million transactions worth $480 billion in the first quarter of 2026. The network crossed 2 million daily transactions for the first time on February 13. That same month, RTP set a single-day value record of $8.36 billion. Over 1,200 financial institutions were live on the network as of March 2026.
TCH announced in April that domestic correspondent bank activity will launch on the RTP rail in September 2026. The feature extends the network's reach to financial institutions without direct connections. TCH is also developing an IXB pilot with EBA CLEARING and SWIFT for instant USD-EUR cross-border transfers. The initiative connects RTP with Europe's RT1 clearing system for synchronized cross-currency settlement.
At its current quarterly pace, RTP would process over $1.9 trillion in 2026. The network settled over $1.3 trillion through November 2025. That figure represented a 428% increase from 2024. The February 2025 increase of the per-transaction limit to $10 million extended RTP's reach into corporate payment flows that had previously required RTGS rails.