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Layer 2

Also called L2

What crypto means by it

A faster, cheaper network built on top of a base chain, which batches transactions and posts them down for final settlement. Base and Polygon are where most everyday stablecoin movement happens.

What you already know this as

An instant payment rail that nets throughout the day and settles to the central bank at the end of it.

Related terms

Layer 1 Rollup Network Gas

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