Fed Study: US Noncash Payments Hit 236.6 Billion in 2024
The Federal Reserve’s first results from its 2025 payments study show cards drove transaction growth while ACH handled 74% of noncash value in 2024.
Tag: Federal Reserve
Crypto Group Backs Custodia in Supreme Court Fed Account Case
The Blockchain Association urged the Supreme Court to review Custodia Bank’s dispute over direct access to Federal Reserve payment services.
US Agencies Propose Bank-Style Customer Checks for Stablecoin Issuers
Five US financial regulators have proposed customer identification requirements for permitted payment stablecoin issuers, bringing issuer onboarding closer to bank standards.