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RE: LeoThread 2023-08-14 15:54

in LeoFinance • last year

1/ The US Federal Reserve's instant payment system, FedNow, adds Dropp - a micropayments platform built on DLT platform Hedera Hashgraph - to its list of service providers. #fintech

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    3/ Critics in the crypto community express disappointment, feeling that the move signifies a lack of faith in crypto as an alternative financial system.

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    4/ Other blockchain networks previously announced connection to FedNow but were quickly removed. Metal Blockchain, for example, disappeared from the site days after being added.

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    2/ Dropp aims to help merchants accept low-cost payments by utilizing DLT and regulated banking tech. However, FedNow emphasizes it doesn't endorse any showcase providers, only facilitates connections.