Anonymous ID: 0647a8 April 2, 2023, 6:56 p.m. No.18629804   🗄️.is 🔗kun   >>9836 >>9945 >>0020 >>0171 >>0298 >>0368

FedNow is the US Federal Reserve’s instant payment network. It has been under development since 2019 and is finally set to launch in July this year, as per a March 15 statement from the Fed. Once fully operational, FedNow will facilitate instant payment services throughout the US. These services will be available to businesses and individuals around the clock, every day of the year.

https://www.cnbctv18.com/cryptocurrency/cbdc-central-bank-digital-currency-fednow-us-federal-reserve-possible-answer-16244291.htm

Anonymous ID: 0647a8 April 2, 2023, 7:02 p.m. No.18629836   🗄️.is 🔗kun   >>0020

>>18629804

Beginning in April, the Fed will certify those to participate in the launch, which is expected to include a diverse mix of financial institutions, the largest payment processors and the US Treasury. Access to FedNow will be through the Fed’s FedLine network, which reaches more than 10,000 financial institutions directly or indirectly.

 

https://www.gfmag.com/magazine/april-2023/us-federal-reserve-digital-payments-system-fednow