U.S. Federal Reserve Integrates Micropayments Platform 'Dropp' on Hedera Hashgraph, Boosting HBAR Token by Over 15%

U.S. Federal Reserve Embraces Micropayments Innovation with Dropp on Hedera Hashgraph The U.S. Federal Reserve has taken a forward leap in payment technology by incorporating the micropayments platform Dropp onto the Hedera Hashgraph network. This integration has been seamlessly integrated into the FedNow instant payments platform and has significantly propelled the value of the HBAR token, recording a remarkable surge of over 15%.

Timeline of Hedera

Hedera (HBAR) has stolen the limelight by becoming the highest-gaining cryptocurrency in the past 24 hours. As investors eagerly accumulate, the token's price exhibits a roller-coaster ride of volatility.

In an electrifying display of market momentum, Hedera (HBAR) cryptocurrency briefly surged by an impressive 25% over the past week. The climb has triggered a wave of attention within the cryptocurrency landscape, as enthusiasts and investors closely monitor HBAR's exceptional ascent.

The Fed has incorporated Dropp, a Hedera-based micropayments platform using DLT technology, into its recently launched FedNow service. FedNow connects financial institutions, businesses, and service providers to bolster digital payments infrastructure.

The Hedera Hashgraph network-based micropayments platform Dropp has been included in the list of “service provider showcase” on the Federal Reserve's FedNow payment service website.

HBAR has soared with momentum after the US Federal Reserve adopted the Hedera Hashgraph-based Dropp micropayments platform. According to the announcement, Dropp is now on the list of service providers on Fed's FedNow instant payment system.

In recent months, Hedera Coin (HBAR) has captured the attention of crypto enthusiasts embarking on a remarkable upward trajectory amid growing uncertainty in the market. This captivating rally has been supported by a robust rising wedge pattern that has a strict influence on market participants.

The US Federal Reserve (Fed) has integrated Dropp into FedNow payment rails to enable faster micropayments and non-fungible token (NFT) trades. Built on Hedera Hashgraph, Dropp supports USD, USDC, and HBAR transfers.

The Federal Reserve FedNow payment system has enabled support for Dropp, a micropayment platform based on Hedera (HBAR) Network, according to available information on its website. What is Dropp?

The US Federal Reserve's instant payments system FedNow has added Dropp micropayments platform, build on Hedera Hashgraph, to the list of service providers. Hedera (HBAR) price skyrockets 15% within hours as a result of FedNow now supporting Dropp, which enables micropayments in HBAR, USD, and USDC.

Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry.