In the world of digital assets, speed is king. Crypto markets have long celebrated the promise of instant settlement: trades can clear in seconds and capital is theoretically liberated from the delays of legacy finance.
On the surface, T+0 settlement, the ability to finalise a trade the moment it’s executed, sounds like an unqualified improvement. But as institutional participants increasingly enter crypto markets, the industry is beginning to rediscover a lesson that traditional finance has long
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