cryptonews.net
US Federal Reserve instant payment system FedNow has added the Hedera ($HBAR) Dropp payment platform to its list of service providers. Dropp currently allows micropayments for small-value transactions in $HBAR, USD, and USDC. Dropp allows for NFTs storage, transactions, transfers, and viewing the history and details of $NFT transactions and associated fees.
Dropp, the cost-effective digital micropayment platform, has officially launched on the Hedera Hashgraph blockchain. It is built on distributed ledger technology with high throughput and low latency for instant payments. Dropp currently uses ACH to fund consumer wallets and make payments to merchants.
The Hedera $HBAR token is up 16% over the past 24 hours on the back of this news. Lunar Crush, a crypto-related social media activity monitoring platform, has reported a staggering 200 percent increase in the Hedera social interactions index over the past week.
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