Which it does at standard pressure - the all important caveat.
Boiling is the point at which the vapour pressure exceeds the ambient pressure and any additional heat input just converts the water to steam, without raising the temperature of the water further. This is how pressure cookers work. By heating the water under pressure, you get higher cooking temperatures because you raise the boiling point of the water.
A dome pressure cooker with a 15 pound weight will cook at approximately 120C.