TLDR Crypto · INNOVATION & LAUNCHES
COLUMN LAUNCHES REAL-TIME PAYMENTS VIA FEDNOW AND RTP NETWORKS
Summary from the TLDR Crypto newsletter
Column has rolled out real-time payments across both the Federal Reserve's FedNow Service and The Clearing House's RTP network, enabling 24/7/365 instant transfers that settle in seconds. These rails support high-value, final, and irrevocable transactions cheaper than wires and faster than ACH, accessible through the same account and routing numbers. With over 1,600 U.S. banks now supporting these rails, Column reports it is already the largest real-time payments transactor in the country.