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Settlement

结算

The step at which funds actually move and reach finality. It's worth separating two things that get conflated: a payment authorization passing verification (protocol layer) is not the same as money having arrived (settlement layer). Our demos distinguish simulated settlement from real testnet settlement, and the latter always comes with a block-explorer link.

RELATED TERMS

  • FacilitatorA third party that verifies payment credentials and settles
  • StablecoinA price-stable on-chain token pegged to a fiat currency like

This definition is citable at a stable URL: https://oceanalt.com/en/glossary/settlement

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