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b18

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

In the traditional system, banks decide the settlement; in the on-chain system, code begins to take over this responsibility.
2026-03-21
B18
settlement rights
on-chain banking
DeFi
capital structure
payment system
The migration of settlement rights: B18 and the institutional starting point of on-chain banks
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