Key highlights:

  • World Liberty Financial's USD1 stablecoin is now natively live on Canton Network, the privacy-enabled public blockchain built for regulated financial markets.
  • USD1 will serve as the cash settlement leg for institutional RWA transactions on Canton, supporting derivatives collateralization, institutional lending, cross-border payments, and on-chain asset issuance
  • Canton moves over $350 billion in on-chain U.S. Treasurys daily, and USD1's integration addresses the capital inefficiency of slow settlement cycles

World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, adding a dollar-denominated settlement asset to a blockchain focused on institutional finance and tokenized real-world assets.

The launch comes as the tokenization market expands and financial institutions seek blockchain infrastructure capable of moving assets and cash together while maintaining the privacy of sensitive transaction data. 

More than $9 trillion in tokenized assets are issued or processed across the Canton network each month, while more than $350 billion in on-chain U.S. Treasuries move through the network daily.

Following the announcement, the Canton token (CC) has pulled back slightly. At the time of writing, CC was trading around $0.116, down 3.0% over the past 24 hours, although it remains up 29.2% over the past week and 18.4% over the last two weeks.

 

Despite the recent gains, the token is still 5.1% lower over the past 30 days and remains about 40.3% below its all-time high of $0.1942.

Why Canton’s USD1 integration could change institutional asset settlement

Canton Network’s integration of World Liberty Financial’s USD1 stablecoin could give institutions a new mechanism for settling tokenized assets, including U.S. Treasuries and other real-world assets.

Under the integration, USD1 can serve as the cash leg in transactions involving tokenized assets.

Notably, Canton can synchronize asset transfers and corresponding payments within a single transaction, enabling atomic settlement.

The approach is intended to reduce settlement delays, reconciliation requirements, and counterparty exposure during transactions.

The integration also relies on Canton’s privacy and permissioning framework, which is designed to give institutions greater control over transaction data.

Rather than making transaction details visible across a public blockchain, Canton allows participating institutions to determine which parties can access and validate specific transaction information.

This structure could allow financial institutions to use blockchain-based settlement infrastructure without exposing commercially sensitive transaction details.

The USD1 integration is expected to support several institutional applications, including derivatives collateral, institutional lending, cross-border payments, asset issuance, funding, redemptions, and financing.

Another distinction is that USD1 will be natively issued on Canton rather than transferred onto the network through a third-party bridge. This could simplify the settlement structure by removing the need to move a bridged version of the stablecoin from another blockchain.

USD1 adds a new settlement layer as Canton dominates the tokenized asset market

USD1 has grown into a major stablecoin since its launch in March 2025, with a market capitalization of about $4.05 billion, making it the sixth-largest stablecoin, according to DeFiLlama. 

USD1 info

USD1 Market Capitalization Source: DeFiLlama

The token is backed by short-term U.S. Treasuries, U.S. government money market funds, dollar deposits, and other cash equivalents.

The launch of USD1 adds another stablecoin to Canton’s settlement environment, which already includes Circle’s USDCx, issued through Circle’s xReserve. 

The network has also attracted growing interest from major financial institutions exploring tokenized financial transactions.

HSBC has conducted a pilot involving its tokenized deposit service, while Visa has tested privacy-enabled stablecoin settlement and joined the Canton network as a Super Validator.

Société Générale has also been developing digital-asset infrastructure on Canton for applications involving repo, financing, and collateral management.

Canton blockchain stats

Canton Total RWA Source: RWA.xyz

Canton’s role in tokenized assets has expanded alongside the broader real-world asset (RWA) market. Data from RWA.xyz shows tokenized assets are now valued at about $353.1 billion, with Canton accounting for roughly $316.67 billion, or nearly 90% of the represented value tracked by the platform.