A Global Settlement Network refers to a system that facilitates the exchange and settlement of transactions across different currencies and financial systems on a worldwide scale. In this context, it allows users to transfer assets quickly and securely, bridging various cryptocurrencies and traditional fiat currencies.By using a decentralized ledger technology, this network minimizes the need for intermediaries like banks and payment processors. Transactions can be executed in real time, reducing delays often associated with cross-border payments. This feature promotes increased efficiency and transparency in the global financial landscape.Additionally, a Global Settlement Network enhances liquidity, allowing users to access a larger pool of participants and trading opportunities. This interconnectedness can lead to lower costs and improved user experience. Overall, such a network aims to streamline financial transactions, making them more accessible and efficient for users around the world.