Stablecoin Payments Glossary
On-Chain Settlement
On-chain settlement refers to the final recording of a payment transaction directly on a blockchain ledger.
Explanation
When a stablecoin payment is validated and included in the ledger, the transfer is settled on the blockchain itself rather than through a separate clearing system. This process relies on the consensus rules of the relevant network.
Why it matters
On-chain settlement provides transparency and direct ledger-based transfer of value in stablecoin payment systems.
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