FedNow CBDC is now live

[Blueduck]

Whatever you think about Digital Currency, the US government's "FedNow" program has been officially activated.

https://www.usatoday.com/story/money/2023/07/20/fednow-launch-fed-instant-pay-service/70434964007/

 

[Bob_C]

Sweet

 

[Pitchfork51]

Oh yeah nice. Ach is such antiquated bullshit

 

[PurpleThrobber]

Oh yeah nice. Ach is such antiquated bullshit

The US banking system is probably 20 years behind international standards in terms of transmission of electronic funds.