Crypto Clearing vs. Settlement: What Happens After a Trade?

Photo: The Defiant
Netting offsets obligations, while collateral backs performance. Neither is the same as completing payment and delivery.
Source: The Defiant
An independent desk covering Stake, the US casino market and crypto.

Photo: The Defiant
Netting offsets obligations, while collateral backs performance. Neither is the same as completing payment and delivery.
Source: The Defiant