MoonPay integrates the Federal Reserve's FedNow into Virtual Accounts, enabling 24/7 instant USD settlements between traditional finance and DeFi

ACH's weekday-only settlement window is the hidden tax every DeFi desk pays to stay liquid — gap down Friday night, you're waiting until Monday to reload. FedNow fixes that clock. One catch: FedNow's default per-transaction cap is $100K (banks can negotiate it up to $500K), which is fine for retail but starts pinching any desk running real size into Morpho or Aave. Over 1,500 institutions are live on the rail now, but plenty of mid-tier custody banks still haven't onboarded. MoonPay is wagering that the fintechs building on Virtual Accounts drag their banking partners onto FedNow just to keep pace — Davy Jones' locker is full of outfits that waited for the infrastructure to come to them. 🦑

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