Fed Chair Jerome Powell Says US will have Real-Time Payments "Very Soon"
Speaking today, Fed Chair Jerome Powell says the US will have real-time payments “very soon.” Moreover, Powell spoke on the potential integration of a CBDC that won’t arrive for “years,” whereas the implementation of real-time payments for all banks is realistically close. At the Federal Reserve’s Semi-Annual Monetary Policy Report meeting, Powell discussed topics from a potential US debt default to stablecoins. Subsequently, he answered questions on the instant payments between bank accounts. Assuring us it is just on the horizon. JUST IN: 🇺🇸 FED Chair Jerome Powell says "we'll have real-time payments in this country very very soon." pic.twitter.com/f6oUx6O9rm — Watcher.Guru (@WatcherGuru) March 8, 2023 Powell Discusses Real-Time Payments Speaking today at the Federal Reserve Semi-Annual Monetary Policy Report meeting, Fed Chair Jerome Powell stated that the US will have real-time payments very soon. Specifica...