World Liberty Financial has launched its USD1 stablecoin natively on the Canton network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
According to Tuesday’s announcement, the stablecoin can be used as a cash leg for transactions including derivative collateral, institutional debt, asset issuance and redemption.
Native issuance allows settlement of tokenized assets as well as USD1 in the same transaction while using Canton’s privacy and permission controls.
USD1 has a market capitalization of about $4.05 billion, making it the sixth largest stablecoin, according to DeFiLlama. Information. The stablecoin is issued by Bitgo Bank & Trust, which manages its reserves and processes mints and redemptions, according to World Liberty.
World Liberty Financial is a Trump family-backed crypto venture launched in 2024. The USD1 debuts in March 2025 and is backed by reserves, including short-term US Treasurys, government money market funds and dollar deposits, according to the company.
Canton, a public, permissionless blockchain designed for institutional finance, says it processes and issues $9 trillion in tokenized assets per month, while $350 billion in onchain US Treasuries move across the network daily.
The integration follows another Canton expansion announced last week, when Digital Asset and former US House Speaker Paul Ryan’s American Ideas Foundation unveiled plans to pilot a Canton-based system to distribute state-run benefits in three US states starting in 2027.
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