What Is Transaction Settlement Time?
Settlement is the final step in a financial transaction, marking the moment when the transfer of assets or funds is officially completed and the obligations of both parties are fulfilled.
In traditional finance, this process can take days as banks and intermediaries reconcile records. In the blockchain world, settlement occurs when a transaction is permanently recorded and "finalized" on the ledger.
When you use a card, there is often a gap between the authorization (when the merchant confirms you have funds) and settlement (when the money actually moves). During this window, your card balance may show a "pending" status. The settlement time determines how quickly your available balance is updated and when the merchant receives the final payment.
KAST: Near-Instant Settlement
KAST utilizes high-speed blockchain architecture to drastically reduce these waiting periods. Unlike traditional systems that rely on slow banking rails, KAST leverages the efficiency of the Solana network.
This ensures that your transactions settle rapidly, providing you with real-time updates to your balance and a seamless spending experience without the typical delays of legacy finance.
