Settles in this context means transfer volumes.
The act of sending bitcoin to some other entity, and the total value of those acts in a year.
I heard nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a tell nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z that #Bitcoin settled $X trillion in one year
Is this not massively undercounted, and Bitcoin settles its entire market cap every ~10 min?
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