What is FedNow? Is it CBDC? Coming July 2023 - You Need To Know About It
#fednow #whatisfednow #fednowcbdc
What if Zelle or Cash App was managed by the Federal Reserve?
Like the federal reserve of the United States?
Yea that FED.
FedNow and is a real-time or instant payment network.
Just like the the one called RTP managed by the Clearing House that's been around since 2017.
►► Learn more about FedNow here:
https://explore.fednow.org/
►► FedNow Service:
https://www.federalreserve.gov/paymen...
►►Is FedNow Replacing Cash? https://www.federalreserve.gov/faqs/i...
►► Federal Reserve press release on FedNow to Launch July 2023:
https://www.federalreserve.gov/newsev...
►►What is a Central Bank Digital Currency? (CBDC) https://www.federalreserve.gov/faqs/w...
►► TCH Forges on with Its Real-Time Payments Network as the Fed Crafts a Rival Service
https://www.digitaltransactions.net/t...
►► Central Bank Digital Currency FAQ’s:
https://www.federalreserve.gov/cbdc-f...
►► Digital Transactions: The Clearing House’s Real-Time Payments Go Live
https://www.digitaltransactions.net/t...
►► Digital Transactions: It’s Official: The Fed Is Jumping Into Real-Time Payments With FedNow
https://www.digitaltransactions.net/i...
►►Ron Desantis Announces Legislation on CBDC:
https://www.flgov.com/2023/03/20/gove...
►► Fortune.com - What the instant payment service could mean for a digital dollar and stablecoins:
https://fortune.com/crypto/2023/03/16...
►► CNBC - Long awaited Fed Digital payment system to launch in July:
https://www.cnbc.com/2023/03/15/long-...
►► Fiserv - New network adds another real-time option for financial institutions:
https://www.fiserv.com/en/about-fiser...
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