Metal Blockchain Integrates with US Federal Reserve’s Upcoming Real-Time Payments Rail May 12, 2023 May 12, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsMay 12, 2023 by Kelly Cromley

Metal Blockchain Integrates with US Federal Reserve’s Upcoming Real-Time Payments Rail

The connectivity of Metal Blockchain to the FedNowSM Service has been announced by Metallicus, a prominent technology company in the decentralized finance sector. Metal Blockchain has recently integrated with the FedNow Service, which is the Federal Reserve’s first Layer 0 blockchain and an instant payment rail. Metal Blockchain is also built on the foundation of BSA Compliance. Metal Blockchain has achieved a noteworthy milestone, strengthening its position as a prominent player in the blockchain industry.

Metal Blockchain is a Layer 0 blockchain technology provider that was created by Metallicus. Its main goal is to tackle worldwide financial issues by offering a secure, scalable, and decentralized infrastructure that includes BSA Compliance. Developers can create customized solutions for various financial applications using Metal Blockchain’s adaptable infrastructure, which promotes innovation and expansion in the worldwide financial industry.

Metal Blockchain serves as a secure and dependable base for high-performance and scalable decentralized applications (dApps) as a Layer 0 blockchain. Efficient and secure transaction processing is ensured by its state-of-the-art security protocols and innovative consensus mechanism.

The integration of Metal Blockchain with the FedNow Service will allow for immediate funding of digital wallets and other services. This will enable users to buy stable coins, convert them back to USD, and transfer them in and out of DFIs using FedNow’s send/receive feature. Metal Blockchain’s integration with the FedNow Service has multiple use cases, and this is just one of them.

Donald Berk, COO of Metallicus Inc., stated that they are thrilled to declare their incorporation of the FedNow Service. We stand out in the blockchain industry due to our BSA-compliant platform and integration with the FedNow Service. It is our belief that this connectivity will be advantageous not only for our users but also for the wider blockchain community.

Metal Blockchain is dedicated to offering creative solutions that cater to the requirements of its users as the blockchain sector progresses. Metal Blockchain has the potential to be a significant player in the blockchain ecosystem due to its BSA-compliant platform and integration with the FedNow Service.

Nick Stanescu, the senior vice president and FedNow business executive of the Federal Reserve Bank, acknowledged Metal Blockchain’s dedication to promoting FedNow adoption and taking part in the showcase. Organizations should currently recognize and establish relationships with partners who can assist in creating the complete solutions that the market requires.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.