The Federal Reserve announced that the FedNow Service will start operating in July.

#fednow #federal #BTC #Binance #crypto2023

The U.S. Federal Reserve has announced the launch of its FedNow Service in July, the apex bank confirmed in a release on Wednesday. Instant payment options have usually followed a CBDC trial in several countries.

#us #fednow #BTC #Binance #BNB

BREAKING:
🇺🇸Federal Reserve announces July launch for 'FedNow'~ an instant payment system!

Source:
https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm
#fed #fednow #federal #payments #BTC

Today, the Federal Reserve launched its new system for instant payments, the FedNow Service. Banks and credit unions of all sizes can sign up and use the tool to instantly transfer money for their customers, any time of the day, on any day of the year.

#federal #fednow #FEDs

#BTC vs #fednow

FedNow could outcompete almost every crypto project in existence
The US Federal Reserve created FedNow to make USD settlement faster and cheaper between financial institutions. The system will offer 24/7 operating hours plus a full-featured back-office suite
#fednow #US