Posts Tagged ‘FedNow’
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs–Don’t Trust The Fed’s
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar. By Jack Schickler Takeaways FedNow conveys money almost instantly, versus the hours or days it has conventionally taken in the U.S. – finally bringing the world’s largest economy in line with other countries. The central bank has denied…
