How On-Chain Settlement Differs from Traditional Settlement

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On-chain settlement occurs directly on a blockchain, recording transactions in a transparent, immutable ledger. Unlike traditional settlement, which relies on intermediaries, batch processing, and multiple reconciliation steps, on-chain transactions are near-instant, auditable, and decentralized.

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This reduces counterparty risk, accelerates fund availability, and allows programmable conditions through smart contracts. Traditional settlement, in contrast, involves acquirers, processors, and banking rails, which can be slow and costly, especially for cross-border payments.

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Monavate bridges these worlds by allowing businesses to manage on-chain and traditional settlement flows in parallel. Users can spend blockchain-based assets through Monavate cards while settlements reconcile in real time with fiat accounts. This hybrid approach provides operational efficiency, transparency, and accessibility, making blockchain transactions practical for everyday commerce.

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