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The launch of the FedNow instant payment system has raised the value of access to master accounts–which Kraken Bank, Custodia Bank and others haven’t been granted.

United statesSan franciscoHunton andrews kurthTrevor rutarSarah beth felixJohn wilsonErin fonteBeth felixReservelaunched fednowDeposit insurance corpOffice of the comptrollerPayservices bankFederal reserve bankSilicon valley bankKansas city federal reserve bankCustodia bank