The old backbone of finance relied on curated windows and measured processes: FedWire’s limited hours, T+2 settlement periods, and end-of-day risk checks. These rails were designed for a daylight economy, where liquidity could be monitored and dialed with intent. In stark contrast, tokenized systems operate at all hours, subjecting markets to a new vulnerability—instantaneous flows in the absence of round-the-clock regulation.”
So true…”
The old backbone of finance relied on curated windows and measured processes: FedWire’s limited hours, T+2 settlement periods, and end-of-day risk checks. These rails were designed for a daylight economy, where liquidity could be monitored and dialed with intent. In stark contrast, tokenized systems operate at all hours, subjecting markets to a new vulnerability—instantaneous flows in the absence of round-the-clock regulation.”