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Canton Network Welcomes World Liberty Financial's USD1 Stablecoin

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World Liberty Financial has expanded its USD1 stablecoin's capabilities by launching it natively on the Canton Network. This move will allow institutions to use the stablecoin as a cash leg for transactions involving tokenized real-world assets, such as derivatives collateral and institutional lending.

The integration follows Canton's growth as a public, permissionless blockchain designed for institutional finance, processing over $9 trillion in tokenized assets each month. The USD1 stablecoin is the sixth-largest stablecoin, with a market capitalization of around $4.05 billion, according to DeFiLlama data.

USD1 was launched by BitGo Bank & Trust, which manages its reserves and processes mints and redemptions. World Liberty Financial, a Trump family-backed crypto venture, debuted the stablecoin in March 2025, backed by reserves including short-term US Treasurys, government money market funds, and dollar deposits.

This development is part of Canton's expansion plans, which also include a pilot program for distributing state-administered benefits across three US states beginning in 2027. The integration allows USD1 to settle alongside tokenized assets in the same transaction while using Canton's privacy and permissioning controls.

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