>>18517819 (lb)

>Federal Reserve announces July launch for the FedNow Service #CashIsKing

>https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm

Does FedNow use blockchain? No, but is is closely related to blockchain technology

https://www.pymnts.com/news/b2b-payments/2021/payment-rails-fednow-blockchain-rtp-ach/

https://www.frbservices.org/financial-services/fednow/about.html

However, as of September 2022, FedNow Service is utilizing Cyperium Blockchain now in Beta

https://trendsjournal.com/fednow-with-cypherium-blockchain-now-in-beta/

For the sceptics that did not think that the federal reserve was going to issue CBDCs, the answer now seems indisputable.