Tether CEO Ardoino's Around-the-Clock Asset Trading Plan Requires Buyers to Accept Delayed Settlement
(2 hours ago) · 1 source · Summarized by CryptoBipto
Tether CEO Paolo Ardoino has proposed a plan for 24/7 trading of traditional assets, but the model depends on buyers being willing to accept delays in receiving cash settlement. The approach would extend trading hours beyond traditional market windows, though it introduces settlement timing challenges.
WHY IT MATTERS
When you buy a stock today, the trade happens during set hours (like 9:30 AM to 4 PM in the US), and the actual transfer of money and ownership — called 'settlement' — typically takes a day or two.
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SOURCES
- cryptoslate.com
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