The partnership was originally announced in mid-2023 ahead of the launch of FedNow.
Digital banking network Metallicus announced the completion of its testing and certification phase and the launch of its services on the United States Federal Reserve’s FedNow instant payments platform.
The Oct. 22 announcement comes more than a year after the Fed announced Metal Blockchain’s integration with FedNow, highlighting the lengthy certification process as the central bank purportedly aims to onboard thousands of financial institutions over time.
Per Don Berk, the chief operating officer of Metallicus:
