The Fed has incorporated Dropp, a Hedera-based micropayments platform using DLT technology, into its recently launched FedNow service.
FedNow connects financial institutions, businesses, and service providers to bolster digital payments infrastructure.
Dropp is expected to facilitate low-fee payments, manage incoming payments, and process diverse customer credit transfers.
US regulatory landscape intensifies
Recent months have seen heightened regulatory scrutiny in the US crypto domain. The Fed introduc
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Author: Juan Frers
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