FedNow’s ‘Early Adopters’ Checklist Does Not Embody Blockchain, However Some Could Be Built-in Later


The Federal Reserve’s upcoming real-time fee system, FedNow, liberated Organizations on the listing have been licensed as prepared to hook up with the platform when it launches in late July. There are not any blockchain networks on the listing, regardless of at the very least two corporations saying that they are going to connect with on the spot fee techniques.

The FedNow service mentioned some unlisted organizations could also be merged later, and mentioned Steel Blockchain intends to hook up with the platform as soon as it will get “the suitable financial institution sponsors.”

A listing of organizations licensed for FedNow providers.Supply: Federal Reserve Service
Steel Blockchain was listed on FedNow’s “Service Supplier Showcase” on Could 11, however has since been eliminated. Supply: FedNow web site (Could 11)
TassatPay was featured within the June thirtieth FedNow Service Supplier Showcase. Supply: FedNow

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