Everywhere else has instant settlement payment rails available for yonks.
And FedNow removes the need for Zelle or CashApp, assuming the banks offer it.
Of course, a regulator working for the consumers might mandate as part of a banking deposit taking license, that the bank must offer FedNow as part of the account at zero transaction cost to the account holder, perhaps with transaction limits.
Everywhere else has instant settlement payment rails available for yonks.
And FedNow removes the need for Zelle or CashApp, assuming the banks offer it.
Of course, a regulator working for the consumers might mandate as part of a banking deposit taking license, that the bank must offer FedNow as part of the account at zero transaction cost to the account holder, perhaps with transaction limits.