Blockchain operator Tassat announced March 14 that it will provide access to the United States Federal Reserve’s FedNow payment system. FedNow, which will launch as a pilot project later this year, wi...
Tag: FedNow
The Federal Reserve Should Drop FedNow And Any Plans To Launch A CBDC
BRAZIL – 2022/11/02: In this photo illustration, the FedNow Service logo is displayed on a … [+] smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty...
Fed Reserve Eyes Payment Facilitation System ‘FedNow’ Launch
10 seconds ago | 2 mins read Bitcoin News Brainard urged U.S. banks and software developers to prepare for the debut. The Vice-chair said the service’s use of cloud computing made it possible. FedNow,...
FedNow is coming next year and the feds hope it’s a crypto killer
The central bank of the US has scheduled the launch of its 24/7 payment service called FedNow for July 2023. FedNow is a system that can irreversibly settle international payments, instantly, at any t...
New US Federal Reserve Instant Payment System ‘FedNow’ Will Not Use XRP
– Advertisement – US Federal Reserve’s upcoming FedNow is not using XRP as a bridge currency. Despite recent tweets making the rounds, the Fed will not use XRP within FedNow, its latest ...
Federal Reserve’s FedNow payments system will be live within a year, says Brainard
The Federal Reserve is getting closer to delivering its much-anticipated instant payments system, FedNow. In a virtual speech on August 29, Fed Vice Chair Lael Brainard announced: “We will be r...
Federal Reserve Sets July 2023 Date for FedNow Instant Settlement Service Launch
The Federal Reserve has announced that its instant settlement service FedNow will launch by July 2023. Over 120 organizations have already signed up to participate in the pilot program, which will beg...
Fed Announces “FedNow” Fast Payments System For 2023
The Federal Reserve (Fed) Vice Chair Lael Brainard was part of an event to test their upcoming instant payment system, called FedNow. The new payment solution is set for deployment between May and Jul...
CBDC Alternative FedNow to Launch Next Summer
Key Takeaways Federal Reserve Vice Chair Lael Brainard announced today that FedNow is scheduled to launch between May and July 2023. FedNow is the Federal Reserve’s instant payment service; it will al...
Federal Reserve governor pumps the brakes on US CBDC in favor of FedNow
A leader at the Federal Reserve is pumping the brakes on speculation surrounding crypto engagement from the regulator. In an August 17 speech, Federal Reserve Governor Michelle Bowman took issue with ...
Fed Governor Touts FedNow as Alternative to CBDC
Key Takeaways Governor Michelle Bowman said today that the Federal Reserve’s FedNow service could be ready by mid-2023. She suggested that the payments service addresses the need for a central b...