Metallicus has completed testing and certification for its digital banking network and has now launched its services on the US Federal Reserve's FedNow instant payments platform. The integration with FedNow was announced over a year ago, showcasing the extensive certification process required by the central bank to onboard numerous financial institutions. The Metal Blockchain, an open Avalanche fork, is the foundation of Metallicus, offering security and scalability. It supports multiple programming languages, DApps, and smart contracts. FedNow, introduced in July 2023, aims to modernize payment systems by enabling instant transactions 24/7, at a lower cost compared to traditional wire services. Despite similarities to CBDCs, the FedNow service is distinct as the US Federal Reserve does not bear fiduciary responsibility. The launch signifies a significant step towards efficient and accessible instant payments in the US financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news