World Liberty Brings Stable USD1 to Canton Network
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network. This move aims to streamline settlement for tokenized real-world assets and position USD1 as a 'cash leg' in transactions involving these assets.
The company emphasized that native issuance enables USD1 to settle alongside tokenized assets within the same transaction, leveraging Canton's privacy and permissioning controls.
USD1 has a market capitalization of about $4.05 billion, making it the sixth-largest stablecoin according to DeFiLlama.
The integration follows another expansion announcement for Canton last week, where Digital Asset and former US House Speaker Paul Ryan's American Idea Foundation unveiled plans to pilot a Canton-based system for distributing state-administered benefits across three US states in 2027.