News Explorer — HBAR Surges 16% as FedNow Adds Hedera Project Dropp to 'Service Provider Showcase'

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HBAR Surges 16% as FedNow Adds Hedera Project Dropp to 'Service Provider Showcase'

Dropp, a micropayments platform built on Hedera Hashgraph, has been added to the Federal Reserve's showcase for its FedNow payment service. Dropp allows merchants to accept payments as low as a penny, making micropayments more accessible. The inclusion of Dropp in the showcase suggests growing interest in distributed ledger technology, although the Federal Reserve clarifies that inclusion does not imply endorsement.