Big move on the horizon from the Federal Reserve: they’re exploring new “payment accounts” (aka “skinny master accounts”) that could give crypto firms & fintechs direct access to Fed‑payment rails.
Finance Magnates
+3
Reuters
+3
COIN360
+3
Here’s the pitch:
🔹 Non‑banks like stable‑coin issuers & payment innovators currently have to go through banks to tap into the Fed’s infrastructure.
Finance Magnates
+2
Coindoo
+2
🔹 Under this plan, eligible firms could open a “payment account” with the Fed, getting direct access to settlement & payments services — but with guard‑rails (no interest, no overdrafts, capped balances, no discount‑window access).
The Block
+2
KuCoin
+2
🔹 Why now? Because payment innovation is accelerating, and the Fed says it needs to keep up — especially as fintech + digital‑asset firms reshape the landscape.
Coindoo
+1
Do your own research for deeper information followe for more latest news
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