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#407: FedNow is not a CBDC with Matthew Mežinskis

TFTC: A Bitcoin Podcast

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CBDC

The Federal Reserve has launched a program called FedNow that will allow all banks to clear their books in real time. It's similar to the CBDC, but you're only looking at bank accounts and not individual customers. "It's just a method of clearing just like checks, but checks take a long time," says John Defterios.

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