DSA Joins Nacha Payments Innovation Alliance Meeting on Digital Payments

WHY IT MATTERS

Think of Nacha as the organization that runs the behind-the-scenes plumbing for many of the electronic payments Americans use every day, like when your employer deposits your paycheck directly into your bank account. When a group focused on digital assets and blockchain technology sits down with this kind of traditional payments organization, it suggests that the worlds of crypto and conventional banking infrastructure are increasingly talking to each other. For newcomers to crypto, this is worth noting because broader adoption of digital payment technologies often depends on cooperation between new crypto-focused groups and the established institutions that already move money for millions of people.