(not so) hot take:

Traditional payment companies don’t actually want irreversible instant finality. What they need is fast, controllable pre-confirmation.

Legacy systems rely on layers like SWIFT, correspondent banks, and clearing houses to handle compliance, fraud checks, and settlement. The delays are intentional.

Crypto’s real value is removing many of those middlemen, but not all. To onboard institutions at scale, we need compliant, auditable, and faster infrastructure without forcing everything fully onchain from day one.