Everyone in the emulation scene can breathe a sigh of relief.
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If they settled that quickly, their lawyers must have told them they’d have gotten fucked six days to Sunday. Obviously this isn’t good for Yuzu, but if the settlement is only monetary, that means they can continue development (minus whatever detail Nintendo considered too far, probably the keys thing).
Overall this is probably the least bad outcome.
Edit: apparently it’s more than just money, they’re shutting down: https://www.theverge.com/2024/3/4/24090357/nintendo-yuzu-emulator-lawsuit-settlement
Given that it’s GPL software, though, I expect someone else will pick it up before too long.
Edit2: also looks like this is a recent repo fork: https://github.com/archive-nexus/yuzu