Citing Bijié Wǎng, Cardano's Hydra protocol is emerging as a potential real-time settlement layer for traditional finance, aiming to replace traditional financial intermediaries. By enabling immediate final settlement between parties within a Hydra 'hub,' the protocol eliminates operational delays and overnight risk. Leveraging Cardano's stable Layer 1, which has operated for eight years, Hydra ensures settlement finality and offers programmable, transparent rules for automated compliance. Analysts suggest this could streamline institutional workflows and reduce costs, positioning Hydra as a fundamental shift in financial infrastructure.
Cardano's Hydra Protocol Aims to Revolutionize Global Market Settlement
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