Local peer markets that convert cash to stablecoins without a full exchange KYC on-ramp.

The network that moves value: card schemes, RTGS, stablecoins, or Lightning.

A settlement method where two currency transfers are linked so one cannot complete alone.

The ability to attach conditions to money, the core commercial pitch of smart-contract payments.

The payee debits the payer under a mandate, as with many card and ACH debit flows.

The payer initiates the credit transfer. Cards are often pull-based by contrast.