фото показано с : invezz.com

The Federal Reserve’s FedNow has listed Dropp, a micropayments platform based on Hedera Hashgraph, as a service provider. Hedera’s native token HBAR soared over 16% following the integration. Dropp supports small-value transactions in HBAR, USDC, and USD.

💥 HAVE YOU SEEN THIS? #FedNow has added Dropp Inc., a payment platform built on #Hedera, to the #FedNow Payment services!!!

Bullish for $HBAR @droppcc @hedera pic.twitter.com/FCqPnvSOqg

The United States Federal Reserve launched FedNow Services in July to support instant transactions (read more). Users can use the government’s first real-time payment system to pay bills and send money instantaneously.

The latest integration will allow Drop to collaborate with financial institutions that use FedNow to offer users state-of-art payment services. Merchants will enjoy instant and real-time transactions, allowing them to access cash for high-value transfers.

Moreover, the platform will ensure instant retail-level payments for those using FedNow Services.

Meantime, Dropp supports small-value transactions in USDC, HBAR, and USD. Merchants can use the platform to grow businesses while saving money, whereas consumers enjoy access to top-notch services and products.

Moreover, Dropp allows individuals to view NFT transfer history, associated fees, and details. The cost-effective micropayment platform launched on Hedera’s blockchain. Currently, Dropp utilizes ACH to fund customer wallets and complete merchant payments at the end of each day.

Why is #HBAR price rising?

The #FedNow system has chosen Hedera Hashgraph's (HBAR) Dropp payment platform as its service provider.

Resulted in 16.43% price increase over the course of the last 24 hours. pic.twitter.com/XRWMp8XSzp

Hedera’s native token HBAR gained more than 16% on its daily chart as FedNow’s integration of Dropp triggered enthusiasm. HBAR has recorded upside moves recently, gaining approximately 25% within a month. That came as the cryptocurrency project inked new partnerships.

The altcoin changed hands at $0.064 during this writing, with $0.065 and $0.055 daily high and low, respectively. Also, its daily trading volume has surged by a remarkable 55%, confirming substantial interest among market participants.

The latest surge saw HBAR overcoming several resistance zones as it climbed to its April peak. Nevertheless, it has to conquer the hurdle at $0.066 to extend the upward journey.

The post FedNow adds Hedera Hashgraph-powered Dropp to support instant transactions appeared first on Invezz.

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