Collaboration aims to improve the future of real-time payment solutions in the United States
SAN FRANCISCO, October 2, 2024 (Newswire.com) –
Developed by its main developer Metallicus, Metal Blockchain—a leader in secure and compliant payment solutions—today announced its membership in the Faster Payments Council of America (FPC). This collaboration aims to accelerate the adoption of real-time, secure and transparent payments in the United States, while Metal Blockchain explores innovations such as the issuance of stablecoins with its banking partners.
With over a dozen financial institutions in its Banking Innovation Program and multiple integrations with fintechs, Metal Blockchain is at the forefront of payments modernization through its layer 0 blockchain platform. The company’s technology supports instant settlement, programmable transactions and regulatory transparency, enabling seamless integration with existing payment networks while offering cutting-edge features such as stablecoin issuance for banking institutions.
“Joining the US Faster Payments Council is a key step in our mission to bring the transformative benefits of blockchain technology to faster payments. » said Donald Berk, COO of Metallicus. “We are working closely with our banking partners and fintech collaborators to explore innovative solutions, such as stablecoin issuance, that can improve security, speed and efficiency across the entire banking ecosystem. payment.”
As a member of the FPC, Metal Blockchain will collaborate with other leaders in the payments industry to address challenges such as interoperability, fraud prevention and financial inclusion. The platform’s stablecoin issuance and tokenization capabilities will contribute to FPC’s efforts to develop a modern, secure, real-time payments infrastructure.
“We are delighted to welcome Metal Blockchain to the US Faster Payments Council” said Reed Luhtanen, Executive Director of FPC. “Metal Blockchain brings valuable expertise and innovation, and we are excited to collaborate with them as we continue to shape the future of faster payments in the United States.” »
THE Faster Payments Council of America is dedicated to creating a payment system that allows individuals and businesses to make real-time payments with immediate access to funds, improving the efficiency and security of the entire financial ecosystem. Metal Blockchain’s involvement aligns with FPC’s vision to drive innovation and efficiency for all stakeholders in the U.S. payments system.
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About metal blockchain:
Metal Blockchain, developed by Metallicus, is an innovative layer 0 blockchain technology dedicated to addressing global financial challenges with its scalable, secure and decentralized infrastructure built on the foundation of BSA compliance. The versatile nature of Metal Blockchain’s infrastructure allows developers to create custom solutions for a wide range of financial applications, driving innovation and growth within the global financial industry. Guided by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry through compliance-driven innovation.
About the U.S. Faster Payments Council (FPC):
The FPC is an industry-led membership organization committed to advancing faster payments in the United States. Its mission is to create a world-class payments system where all Americans can make payments securely with near-instant funds availability. For more information, visit FasterPaymentsCouncil.org.
Source: Metallicus
