Canton Goes Live with World Liberty's Native USD1 Stablecoin
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network. This gives institutions using the privacy-enabled blockchain access to a dollar token for settling transactions in tokenised real-world assets.
The move allows USD1 to serve as the cash leg for tokenised securities and other financial assets, including derivatives collateral, institutional lending, asset issuance, and redemptions.
Canton processes more than $9 trillion in real-world assets onchain each month. USD1's circulation has reached $4.08 billion, ranking it sixth among stablecoins.