The pool really does remove settlement risk. Now work out how much central bank money has to sit in it, doing nothing, for that to be true.
12 min155 XP available5 challenges
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Foreign exchange turned over $9.6 trillion a day in April 2025, about $3 trillion of it spot — and much of it still settles with delays of up to two days. What specific risk does settling both legs in a single transaction remove?