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Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades

Prime Trust Launches Instant Settlement Network for Crypto-Fiat Trades – CoinDesk

The Nevada-based financial institution Prime Trust has launched a real-time settlement network for asset transfers among its clients, competing with similar services offered by crypto-friendly U.S. banks Silvergate and Signature. Announced Monday, the new service, known as PrimeX, gives Prime Trust’s clients immediate access to funds when they trade cryptocurrency or fiat with each other.