Defining atomic settlement
Atomic settlement refers to exchanging assets between two parties in a single transaction, typically instantaneously and often without intermediaries. This can be particularly useful in cross-border payments, as it allows for faster and cheaper transactions compared to traditional methods that rely on a more comprehensive network of correspondent banks or other financial institutions to facilitate the transfer.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased