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 July 2023, as the government official confirmed. Related Reading: Charles Hoskinson Announces New Timeline For Cardano Hard Fork, Price Pump Incoming? Brainard

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