The US is shifting towards a new payment rail called FedNow, which aims to provide universal real-time coverage and instant liquidity for bank accounts. FedNow has the potential to revolutionize payments by offering 100% availability of real-time payment coverage to every eligible financial institution. However, its adoption will require companies to adopt it alongside other payment rails like ACH and RTP. Plaid Transfer offers a single integration that can connect businesses to all three rails, providing instant payouts for use cases like payroll and gig payments, while also offering an "Instant ACH" solution for debit transactions until RfP functionality becomes practical. The ultimate goal is to create a world where instant bank payments are available 24/7/365, with Plaid working towards this future by partnering with companies to build modern bank payment solutions.