2023-08-15
The FedNow is a service for instant payment
infrastructure developed by the Federal Reserve to enable financial institutions
of every size to provide instant payment across the US.
HBAR 7 days price increases 16% after the US Fed adds “Dropp”,
a Hedera Hashgraph’s project as one of the services and products to support the
FedNow.
Dropp enables customers to process small value transactions in
HBAR, USD, and USDC. It enables merchant to create a micropayment. It aims to
solve the problem of credit card’s transaction fees that are not suitable for
micropayment.
Hedera is the 30th largest cryptocurrency by market
cap. It has a fully diluted valuation of $3.436 billion and a max supply of 50 billion HBAR.
