United

Hedera

The&nbsp;Hedera&nbsp;Hashgraph network-based micropayments platform Dropp has been&nbsp;<a href="https://explore.fednow.org/explore-the-city?id=10&amp;page=2&amp;postId=108&amp;vendor=dropp-inc." target="_blank" rel="noreferrer noopener">included</a>&nbsp;in the list of “service provider showcase” on the Federal Reserve’s FedNow payment service website. 
Following the addition, Hedera Hashgraph’s native token&nbsp;<a href="https://coinmarketcap.com/currencies/hedera/" rel="noreferrer noopener" target="_blank">HBAR</a>&nbsp;surged by 17% to a four-month high of $0.067. 
The Federal Reserve’s FedNow instant payment service, which was introduced in July, enables financial institutions to provide effective instant payment services. 
Dropp makes it possible for businesses to take payments as small as one penny, making micropayments more widely available and useful. Notably, the merchants using Dropp’s services are not given access to users’ credentials. 
The U.S. central bank has clarified that the inclusion of Dropp in the showcase should be viewed as educational information rather than an endorsement. 
Some have questioned the Federal Reserve’s FedNow service’s adherence to rules and its inclusion of specific banks and businesses like Adyen, which some claim do not fully satisfy the requirements to be accepted as payment providers in the United States. 
As a CMC Media VIP, Micky will keep following the&nbsp;<a href="https://coinmarketcap.com/" target="_blank" rel="noreferrer noopener">CoinMarketCap</a>’s 2023 Crypto Playbook&nbsp;– so stay tuned! 
Read&nbsp;the news about Coca-Cola unveiling its new NFT&nbsp;<a href="https://micky.com.au/coca-cola-unveils-nft/">HERE</a>. 
The post <a rel="nofollow" href="https://micky.com.au/hedera-hashgraph-based-dropp-project-featured-in-fednow-service-provider-list-hbar-soars-17/">Hedera Hashgraph-based Dropp Project Featured in FedNow Service Provider List, HBAR Soars 17%</a> appeared first on <a rel="nofollow" href="https://micky.com.au">Micky</a>.

Hedera Hashgraph-based Dropp Project Featured in FedNow Service Provider List, HBAR Soars 17%

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