Real-Time Payments System Coming in July.

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**The U.S. Federal Reserve is activating its long-awaited real-time payments system in July, the central bank. Marking a transition that some have seen as a government challenge of the crypto sector’s instant-transaction advantages.

FEDNOW SERVICE, meant to solve the existing delays for clearing financial transactions between institutions, will begin certifying its first participants at the beginning of next month. The system will operate around the clock and provide immediate, full access to funds.

An analyst suggested the system might actually be of use to crypto investors as a way for them "to fund and cash out of trades without having to leave cash or digital dollars on a trading platform".
Now that's an interesting observation don't you think.

Consider everything that is proposed and soon to be implemented could easily be built on
the Hive and the CTPX token as currency. Hmmmmmm.

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Real-Time Payments System Coming in July. | Ecency