WLFI's USD1 Stablecoin Now Live on Canton Network

World Liberty Financial's (WLFI) dollar-pegged stablecoin USD1 has been natively issued on the Canton Network. This move allows institutions to use USD1 as a fully reserved dollar leg that settles atomically alongside assets, under the same privacy and compliance controls those assets require.

According to WLFI, USD1 is backed by 100% US Treasury bills, government money market funds, US dollar deposits, and other cash equivalents. Eligible BitGo customers can redeem USD1 for US dollars at a 1:1 ratio through BitGo.

USD1 is currently available on multiple chains, including Ethereum, BNB Chain, Tron, Plume, Solana, Aptos, AB Core, Mantle, Monad, Morph, X Layer, and Canton Network. WLFI initially announced its intention to launch USD1 on the Canton Network in December 2025.