When you're getting your face rearranged in one corner of the boxing ring, very often the body tries to naturally move to another corner.

Settlement cycles and market censorship are two separate things. It's on robinhood to make sure they can meet the same liquidity standards that banks have been "stress tested" for ever since 2008. Keep in mind that it wasn't 3 years ago where T+2 was just a dream.

Real time settlement is going to be driven by centrally governed organizations and their market counterparts (DTCC / SWIFT).