The bipartisan PACE bill in the United States proposes to open access to the Federal Reserve's payment system, and has received support from the crypto industry.

CoinFeed reported on April 22 that, according to The Block, U.S. Representatives Sam Liccardo (Democrat) and Young Kim (Republican) jointly introduced the Payments Access and Consumer Efficiency Act (PACE Act), which aims to allow eligible non-bank payment service providers access to the Federal Reserve's payment system, including Fedwire settlement, FedNow, and FedACH. The bill would establish an optional federal regulatory framework overseen by the Office of the Comptroller of the Currency (OCC), requiring providers to maintain 1:1 reserves and meet risk and record-keeping standards. Crypto industry organizations have expressed support, with the CEO of the Blockchain Association calling it "an important step," as digital asset payment companies have long been excluded from the financial infrastructure available to competitors. The Crypto Innovation Council stated it will promote responsible payments innovation.