# Settlement Timing FAQs ### When are payments settled by tender type? Crypto payments are settled on a **T+1** cadence. This includes the current supported crypto tender types: * USDC on Solana * USDC on Base * Bitcoin * Bitcoin Lightning Digital wallets and buy now, pay later payments are settled on a **T+2** cadence. This includes: * PayPal * Venmo * Klarna ### Does crypto settle on a different schedule than PayPal, Venmo, and Klarna? Yes. Crypto currently settles faster than digital wallet and buy now, pay later tenders. Crypto settles **T+1**. PayPal, Venmo, and Klarna settle **T+2**. ### What does T+1 or T+2 mean? **T+1** means funds are expected to settle one business day after the transaction date or applicable batch date. **T+2** means funds are expected to settle two business days after the transaction date or applicable batch date. ### Are all crypto networks treated the same for settlement timing? Yes. The currently supported crypto tender types settle **T+1**, including USDC on Solana, USDC on Base, Bitcoin, and Bitcoin Lightning. ### How do weekends and bank holidays affect settlement? Bead payments can be created and completed outside normal banking hours, but settlement deposits are subject to banking network, sponsor bank, and provider availability. If a settlement or deposit date falls on a weekend or bank holiday, the funded deposit may be delayed until the next available banking day. Payment activity that occurs over a weekend or holiday may still be included in Bead’s settlement records and batches, but the actual bank-funded movement may not complete until banking rails are available. For reconciliation, partners should use the Settlement and Deposits APIs to confirm settlement status, target payout date, settlement date, dispatched date, and deposit status. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://developers.bead.xyz/faqs-and-troubleshooting/settlement-faqs/settlement-timing-faqs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.