2min chapter

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Why Caitlin Long and Meltem Demirors Are Worried About Crypto’s Future in the US - Ep. 470

Unchained

CHAPTER

Cryptocurrency

Senn and Signet, which is basically the same thing. It's the 24 seven real time settlement on the banking side. I always wondered were those blockchain based networks? Because otherwise, how do you get dollars to settle so fast? So my understanding is it's more like IOUs on their internal ledger. And then eventually those wires would settle. "It's hilarious because when you say that, I'm like, oh, basically, it's like Venmo, but for crypto companies"

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