That's a neat idea, but, at the same time, I imagine encryption technology has advanced pretty thoroughly to the point where it would be nigh impossible to crack secure messages. I imagine the descrambler keys for respective factions are hidden in vaults in the center of their main bases.
What I think would be more realistic, and necessary, would be a fast courier/blockade runner carrying hard currency like bullion. Specifically gold, silver, platinum and palladium coins and bars, which would be a guaranteed way for factions to issue credit, specifically "credits" in times of war (aka, all the time). It would be especially vital for stations and planets under siege, or suffering from some cataclysm.