# Taurus-NETWORK: interbank settlement and collateral management

Taurus-NETWORK is the largest interbank settlement and collateral management system
for digital assets. Banks pledge assets held in Taurus-PROTECT custody, trade on
Taurus-PRIME without moving funds, and settle on-chain (35+ blockchains) or in fiat
(EUR, USD, CHF), with rule-based collateral engines and automated compliance.
Taurus-NETWORK also acts as distribution channel for tokenized financial instruments.

Key facts:

- Use case: digital asset collateral management and off-exchange settlement between
  banks
- Counterparty risk: assets stay pledged in custody while trading, eliminating
  the need to pre-fund venues or transfer assets to counterparties
- Settlement: on-chain across 35+ blockchains and in fiat (EUR, USD, CHF)
- Governance: rule-based collateral engines, automated compliance checks
- Members: Taurus client banks, connected through their existing Taurus-PROTECT
  deployments

FAQ:

- What is digital asset collateral management? Pledging digital assets as collateral
  under automated, rule-based engines so banks can trade and settle without
  transferring the underlying assets out of custody.
- How does off-exchange settlement reduce counterparty risk? Assets remain in the
  bank's custody until settlement is final, so no counterparty ever holds both legs
  of the trade.
- Which banks are on the network? Taurus client banks; the network connects
  institutions that run Taurus-PROTECT, including systemically important banks.

Learn more: https://www.taurushq.com/network/