Clearing, crypto and wooing big investors
Financial Times - 14/04/2023
...In traditional markets to lubricate trading there are windows of temporary credit, such as the period for a customer to meet margin calls or a two-day window for settlement. It’s not easy to marry the two concepts. “If you go back to basics, clearing on a blockchain doesn’t work. It assumes you have the cash,” said Ben Stephens, chief executive of ClearToken.