Central Banks Are Now Testing Hedera HBAR | Huge Hedera News!

Market Trends & Industry Dynamics - The crypto market is slightly up, but significant price action work remains [1][2] - Major central banks are showing proof of concepts, indicating they will utilize DT and public blockchains like Hedera [2][3][16] - Bank of England released its DT innovation challenge report, exploring how central bank money could move across public blockchains, including Hedera [15][16] - The DT innovation challenge involves firms demonstrating secure transactions and settlement of central bank money on external ledgers [21][23] - The new financial system is emerging, with crypto as its core infrastructure, evidenced by major players targeting public blockchains [40][41] Hedera (HBAR) Performance & Technology - HBAR is up about 4% in the last 24 hours on the H4 chart [3] - HBAR needs to flip the midline at roughly 175% cents (approximately $0175) on the weekly chart, with 18 cents (approximately $018) being a good target [5] - Hedera saw almost a 9% TPS (transactions per second) boost [13] - Hedera has about 33 TPS, which is good, especially considering most transactions are crypto-related or HCS [14] - Hedera's ABFT (Asynchronous Byzantine Fault Tolerance) security, scalability, and fee structure are crucial for major use cases like wholesale money transactions, potentially involving trillions of dollars [36] Partnerships & Projects - Hedera is participating in the Bank of England and BIS org's DT innovation challenge [19] - Reserve Bank of Australia named Hedera as one of the DTs selected for Project Acia [34] - Philippine banks are collaborating to launch a stable coin on Hedera [35] - The state of Wyoming selected Hedera for their Frontier Stable token [35]