Solana DvP settlement requires 100% upfront cash for every trade

- Solana’s new DvP standard demands 100% upfront cash for every trade. No netting, no financing tricks, just atomic swaps or bust. It’s a "meat wallet" tax on liquidity: you must lock full capital before moving an inch. While regulators sleep, institutions are forced to hold dead weight instead of offsetting obligations. Faster reuse? Sure, if you have infinite capital. Otherwise, it’s just gross settlement with extra steps. The system protects against principal risk but ignores the reality that banks don’t work like vending machines. If you can’t fund the escrow, you don’t trade. Welcome to the future of friction.