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#407: FedNow is not a CBDC with Matthew Mežinskis

TFTC: A Bitcoin Podcast

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FedNow Numbers - What Is FedNow?

FedNow is a payment rail for banks in the United States to clear transactions at Federal Reserve. In Europe, we have this goodwill payment system called SEPA. When you make a SEPA payment, it immediately goes to the Central Bank. There's no clearing that needs to happen on a bank level or an interbank level.

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