FedNow Adds Hedera As Service Provider, HBAR Price Soars 15%
Hedera Hashgraph-Powered Dropp Now Supported on FedNow Dropp micropayments platform built on Hedera Hashgraph is selected as a service provider by the US Federal Reserve’s instant payments system FedNow . Dropp enables micropayments for small-value transactions in HBAR, USDC, and US dollar. advertisement This means banks and other financial service companies seeking micropayments services can use Hedera’s Dropp platform for real-time payments through FedNow . Also, Hedera now has indirect support from FedNow , making the blockchain gains major support from traditional finance firms. Hedera is gaining interest amid the growing number of partnerships. Recently, Hyundai and Kia introduced a Hedera-powered system to monitor carbon emissions. Read More: Goldman Sachs – The Fed to Stop Interest Rate Hikes in September, Will Bitcoin Rally? Recommended Articles ...