World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, extending the dollar-pegged token into a blockchain environment built for tokenized securities and other real-world assets. The company said the move gives institutional users a dollar settlement asset that can be used directly within Canton’s privacy-focused and permissioned infrastructure.
The stablecoin has a reported supply of $4.05 billion. According to World Liberty, institutions on Canton can use USD1 across a range of functions including collateral, lending, issuance, redemptions and cross-border payments.
Institutional settlement use case
World Liberty said the Canton integration is designed to make USD1 available for institutional workflows tied to tokenized assets. That includes using the stablecoin to post collateral for derivatives and institutional loans, fund new asset issuance, process redemptions and support financing arrangements.
The company also said USD1 can be used for round-the-clock cross-border payments. By launching the asset natively on Canton rather than relying on a bridged version, the token can serve as a dollar-based payment rail inside the network itself.
How Canton handles transactions
Canton said its synchronized settlement model allows the asset being transferred and the corresponding payment to move at the same time. With USD1 now live natively on the network, the stablecoin can fill the cash leg of those transactions while remaining under Canton’s privacy and permissioning controls.
That structure is aimed at institutional activity where transaction confidentiality and controlled access are required. In this setup, USD1 is positioned as the dollar-denominated settlement asset for trades involving tokenized securities and other real-world assets on the network.
USD1 reserve structure
World Liberty said USD1 is redeemable one-for-one for U.S. dollars. The company said the stablecoin’s reserves consist of dollar deposits, U.S. government money market funds and other cash equivalents.
It also said reserve reports are published monthly. The article did not provide further details on custody, issuance mechanics or the jurisdictions in which redemptions are available.
Network scale and what comes next
Canton said more than $9 trillion in tokenized assets are issued or processed through its network each month. It also reported that more than $350 billion in onchain U.S. Treasurys moves across the network daily, while noting that these figures describe activity levels rather than total value locked.
The immediate confirmed change is that USD1 is now available as a native settlement asset on Canton. Based on the companies’ description, the next practical step is institutional use of the stablecoin in collateral, issuance, redemption and payment flows tied to tokenized real-world assets on the network.
Source: crypto.news