Definition ∞ Banking Rails refer to the traditional financial infrastructure and networks facilitating the movement of money between banks and other financial institutions. These systems include established mechanisms like SWIFT for international transfers and ACH for domestic payments. They represent the conventional pathways for value transfer within the global financial system.
Context ∞ In cryptocurrency news, Banking Rails are frequently discussed in relation to the integration or competition with digital asset systems. Their operational characteristics, such as settlement times and transaction costs, are often contrasted with those of blockchain-based solutions. Debates about the future of finance often center on whether digital assets will augment, replace, or significantly alter these existing financial pathways.
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