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?

as long as crypto adapts by adding those rails as an option. in terms of centralization & censorship, it definitely has tradeoffs as a panacea. I've heard that it's been due relative to the rails other cpuntries have.