Hedera Hashgraph has shown resilience in the face of a gloomy crypto market, with its total value locked (TVL) surging by 10% over the past week and 26% over the last month. The network has now surpassed 18 billion transactions and its cryptocurrency $HBAR is up by more than 16% over the last two weeks.Dropp, a payments application built on the Hedera network, has been integrated into the US Federal Reserve’s instant payments platform, FedNow. Dropp enables merchants to accept payments as low as one cent, revolutionizing micropayments by making them more feasible and convenient.The inclusion of Dropp in the FedNow Service Provider Showcase list has been met with mixed reactions from the crypto community. While some have welcomed the development, others have expressed their dissent, pointing out that it could be seen as a sign of disillusionment with the notion of cryptocurrency as an alternative to traditional financial systems.
| Information | Details |
|---|---|
| Geography | North America |
| Countries | 🇺🇸 |
| Sentiment | positive |
| Relevance Score | 9 |
| People | None |
| Companies | Hedera Hashgraph, Dropp, US Federal Reserve, FedNow, Federal Reserve |
| Currencies | HBAR, Bitcoin, Ethereum, USD, FedNow |
| Securities | None |
