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Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?

The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live. According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly...

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Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?
The US Federal Reserve announced on Thursday that its long-awaited FedNow Service has gone live.
According to a post on the Fed’s website, "banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year”.
As per the Fed’s announcement, the FedNow service kicks off with 35 users already....
Read More: Fed Launches New Instant Payment FedNow Service – Does This Undermine Crypto’s Use Case?

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