Supercharging Tassatвђ™s B2b Blockchain With Fednow -
: While TassatPay previously focused on transfers between customers of the same bank or banks within its private Digital Interbank Network , the FedNow integration provides a path for these blockchain-based transactions to settle instantly across the wider U.S. banking system.
: By utilizing FedNow, Tassat aims to make B2B transactions even more efficient, particularly by integrating these instant payments with smart contracts for automated settlement. Impact on the Banking Sector Supercharging Tassat’s B2B blockchain with FedNow
Tassat "supercharged" its ecosystem by positioning itself as a to the FedNow Service. : While TassatPay previously focused on transfers between
: Tassat developed a client-facing API that allows commercial banks to access FedNow directly through their existing blockchain infrastructure. Impact on the Banking Sector Tassat "supercharged" its
For decades, the $50 trillion B2B payments market moved at a snail's pace, tethered to paper checks and legacy rails from the 1970s that only operated during rigid banking hours. Tassat Group changed this by launching , a private blockchain-based platform that tokenizes bank balances to enable secure, 24/7/365 real-time payments.
This partnership allows banks of all sizes—including partners like Western Alliance Bank and Customers Bank —to compete more effectively. Instead of waiting 2–5 business days for ACH transfers, businesses can now move money with the same speed they use to pay for groceries or split a dinner bill, all within a secure, regulated blockchain environment. Find Learning and Resources With FedNow Explorer
By early 2023, TassatPay had already surpassed in transaction volume. However, even a revolutionary blockchain has its limits when it needs to interact with the broader, traditional U.S. financial system. This is where FedNow —the Federal Reserve’s first national instant payment rail in over 40 years—enters the story. The Integration: A Digital On-Ramp