$4B USD1 Stablecoin Goes Live on Canton Network for Institutional Transactions
World Liberty Financial has launched its USD1 stablecoin on the Canton Network, giving institutions a dollar-based settlement asset for tokenized real-world assets. The move adds USD1 to a blockchain built around privacy, compliance, and institutional financial workflows.
The $4 billion+ USD1 is now in circulation, with over 9 trillion dollars worth of asset-macro tokens processed on Canton each month. Unlike a token simply moved onto another chain through a bridge, USD1 is natively issued on Canton, allowing it to serve directly as the cash side of on-chain transactions involving tokenized assets.
Collateral for derivatives, lending, issuance and redemption of assets, and cross-border payments are examples of World Liberty's institutional use cases. The key is in having synchronized settlement, with USD1 used alongside a tokenized asset in the same transaction to leave both legs of the trade without separate interaction with settlement processes.