Definition ∞ 24/7 settlement refers to the continuous, uninterrupted processing of financial transactions. This operational model permits value transfers and finalization of obligations at any hour, every day of the week, without traditional banking closures. It significantly reduces counterparty risk and enhances liquidity across global markets. This constant availability contrasts sharply with conventional financial systems that adhere to specific operating hours and settlement cycles.
Context ∞ The shift towards 24/7 settlement in digital asset markets is a significant discussion point for market infrastructure modernization. Regulators are examining how to supervise such continuous operations while maintaining financial stability. Its implementation could reshape global payment systems and accelerate the adoption of real-time gross settlement mechanisms.
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