FedNow launch seems like a step change improvement that’s broadly under discussed within crypto (seeing a lot of it within fintech)

tldr: for Americans it enables p2p, b2b, p2b etc instant payments, will be available 24/7/365, & gives full access to funds immediately

Isn’t this the future DeFi is promising?

<3 FedNow

That said, there are a lot of barriers to overcome before FN can go mainstream.

FedNow:
 - Does not interoperate with RTP
 - Has very few banks using it
 - Is not optimized for consumer conversion
 - Lacks a dispute mechanism
 - Needs better fraud tools

All solveable, but much work.