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What is Settlement Agent Node (Crypto.com)?

Crypto Terms Glossary: What is Settlement Agent Node (Crypto.com)?

On the Crypto.com blockchain, Settlement Agents are network nodes that take the role of enabling settlement between the platform's native cronos coin (CRO) and other cryptocurrencies and stablecoins. Settlement agents are relied on by buyers and sellers to exchange crypto and accurately settle transactions. Settlement Nodes are eligible to earn a profit from charging a .5% fee for payouts made in fiat currency.

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