Settlement Rails

Settlement rails encompass the full stack from trade confirmation through to final value transfer — including messaging protocols (SWIFT, FIX), netting engines (CCP), securities transfer (CSD), and payment finality (RTGS or on-chain atomic settlement). Tokenized infrastructure compresses these layers: an atomic DVP transaction on-chain replaces what traditionally requires coordination across four or five separate systems.

Canonical site: SettlementRails.com Cross-references: AtomicDVP.com, StableCCP.com, StableCSD.com