No. The latest FedNow Provider isn’t associated with an electronic digital money. The new FedNow Service was an installment service the fresh new Government Set aside is and then make available for banks and you can borrowing unions in order to transfer financing to own their clients. It is like other Government Set aside commission qualities, including Fedwire and FedACH. The new FedNow Services is none a type of currency nor an excellent action on getting rid of any form from fee, also bucks. Board out of Governors of Federal Set aside System weiterlesen →