The Federal Reserve’s subsequent instantaneous fee system, FedNow, launched its record of “early adopters” licensed on June 29. Organizations on the record have been licensed prepared to hook up with the platform when it launched in late July. No blockchain networks are on the record, though no less than two have beforehand introduced that they are going to connect with the moment fee system.
The FedNow service mentioned some organizations not on the record could also be onboarded later, and Steel Blockchain mentioned it nonetheless intends to hyperlink to the platform as soon as it will get “sponsorship.” applicable financial institution”.
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