Aug 14, 2023

Hedera Hashgraph’s HBAR token took the lead among major cryptocurrencies over the last 24 hours, after the U.S. Federal Reserve’s FedNow added a Hedera Hashgraph-based micropayments platform, Dropp, as a service provider. FedNow is an instant payment service provider developed by the Fed for depository institutions in the U.S. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Video transcript

The chart of the day is brought to you by crypto dot com. The world's fastest growing crypto app. Let's take a look at today's chart of the day. While Bitcoin and Ether remain flat. Hadera has graphs. H bar token is on a run with a gain of more than 16% over the last 24 hours. This comes after the US Federal Reserve fed. Now added a Hadera hash graph based micro payments platform called Drop as a service provider. Drop is a payments platform that allows merchants to get paid in digital assets including H BAR USC and fiat Us fed. Now is an instant payment infrastructure development by the Fed Reserve that aims to enable financial institutions to provide instant payment services. What other recent Hadera developments have made the news lately? Well, last week, Galaxy officially launched a new social marketplace built on Hadera that enables online content creators and entertainers to connect with their fans and create memorable experiences. H BAR is currently trading around seven cents. That's it for today's chart of the day. I'm Jen Senai and we'll see you next time to unpack more of the data behind top news stories.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.