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So you can get settled by your stockbroker during a weekend? Most payments providers will not settle during weekends and most will settle at T+2 or T+1. Instan
by saberience 4y ago
So you can get settled by your stockbroker during a weekend?
Most payments providers will not settle during weekends and most will settle at T+2 or T+1. Instant settlements and weekend settlements are basically unheard of in the financial and payments worlds, trust me, I work in this world.
Stable coins allow almost instant settlement and weekend settlements, that's why merchants and individuals are interested in them.
- Qworg 4y agoStablecoins aren't settlement - even with fiat backed stablecoins, you're an owner of a portion of the most junior debt of a private company. You can pay with them, but you need to convert to fiat to settle.