๐Ÿšจ The U.S. FedNow is preparing to support cross-border payments ๐Ÿง 

๐Ÿ“Š | $BTC | $ETH | $BNB |

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- The U.S. Federal Reserveโ€™s financial services division announced that FedNow has entered the next stage of cross-border payments
- On September 23, enhanced testing for international transaction information on the U.S. side will begin, inviting the first batch of institutions to participate
- This initiative aims to improve the speed, transparency, and compliance of cross-border payments ๐Ÿ”ฅ

- The market may face downward pressure due to increased uncertainty in cross-border payments
- If testing progress is slow, panic-like volatility could be triggered in the short term, intensifying selling
- It is expected that whale institutions are currently distributing assets or accumulating at low levels, further suppressing prices
- In the short term, digital assets like Bitcoin may continue to face pressure, with volatility rising

- What long-term impact do you think FedNowโ€™s cross-border payments progress will have on crypto assets?

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