The stated breakthrough is not asset movement but permissioned settlement. Lombard compares the rail to ACH, SWIFT, or Fedwire: systems that move instructions. BTC held in custody could enter whitelisted onchain markets without moving BTC at all.
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The stated breakthrough is not asset movement but permissioned settlement. Lombard compares the rail to ACH, SWIFT, or Fedwire: systems that move instructions. BTC held in custody could enter whitelisted onchain markets without moving BTC at all.