LSEG has launched Digital Settlement House (LSEG DiSH), an open-access platform facilitating instantaneous settlement between independent payment networks, both on and off-chain. Utilising DiSH Cash – commercial bank deposits held on the DiSH ledger – the service enables the 24/7 movement of money across multiple currencies and jurisdictions. It supports Payment versus Payment (PvP) and Delivery versus Payment (DvP) models, providing a real cash leg for foreign exchange and digital asset transactions across traditional and digital infrastructures.
Operating within LSEG’s Post Trade Solutions business, the platform allows participants to orchestrate payments on any connected network. This capability unlocks trapped assets and optimises liquidity through new intraday borrowing and lending tools. By reducing settlement timelines, the service mitigates settlement risk and increases collateral availability. The launch follows a successful Proof of Concept with Digital Asset and a financial consortium on the Canton Network, which demonstrated the effective tokenisation and transfer of commercial bank deposits.
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