Canton Network about to get Rust compatibility?!
Leading infrastructure company @cantor8 has just announced it is currently developing a toolkit that would allow programs written in Rust to communicate with @CantonNetwork ledgers.
Canton's native smart contract language is Daml, built by @digitalasset, which offers several advantages but is currently not widely understood.
Rust, however, is often praised as the 'best' programming language and is worked in by millions of developers across the globe.
The impact the toolkit could have on Canton Network's ecosystem could be very big indeed.
CBTC is now live on Silvana!
You can now access CBTC on Silvana as part of our growing range of supported assets.
More assets, more opportunities, one platform.
BOOM! Digital Asset (behind canton network $cc ) expands its oversubscribed $355M round with major adds - one of the largest bank in Korea Shinhan Financial Group & SC Ventures (Standard Chartered )
https://t.co/Rtzo4rDFXN
We're working on something big…
Cantor8's development team is currently in the process of building a toolkit to allow programs written in the Rust programming language to communicate with @CantonNetwork's Daml ledgers.
The smart contracts running on Canton are written in Daml (the language developed by @DigitalAsset) and its official tooling is built around Daml and the JVM. While Daml provides many of the advantages that make Canton so successful, it remains niche for now.
Rust, meanwhile, boasts an estimated 5+ million developers worldwide and is used by several major blockchain networks, including @Solana, @StellarOrg, and @NearProtocol.
This new toolkit will provide the translation layer for programs written in Rust, handling all the low-level plumbing so developers can work with Daml contracts through Rust tooling that is familiar to them.
Multiple systems needing to reconcile is why cross-border payments take 24 to 48 hours, with capital sitting idle the whole time as a hedge.
@Wesarn_real discusses the tax on humanity with @Santiag78758327 on @RealVision.
1/
DTCC clears every stock trade in America and on July 15 it cleared them on @CantonNetwork. 🏦
40+ Wall Street firms showed up. Tokenized stocks, ETFs, and U.S. Treasuries settled on-chain in live production, the first settlements of their kind.🧵👇
The clearinghouse behind every U.S. stock trade ran tokenized settlement in live production for the first time.
40+ firms settled tokenized equities, ETFs, and Treasuries on Canton.
Launch planned for October 2026.
↓ Full thread from @Luganodes on what this moment means for Wall Street.
Get in early on @CantonNetwork 's
*1st Utility token on the canton-network:native Rails!
*1st CEX listing...
*1st Bridge for base:0x833589fcd6edb6e08f4c7c32d4f71b54bda02913 on Polygon and Base...
@HandlPay ...1 of the leading retail projects here on Canton Network
In fact, Handl Pay has over 20,000 ACTIVE monthly users and over 300k total users onboarded...wow!
@HandlPay already processes over $8 Million volume per month!
This is just the beginning folk....X Money isn't even Live yet and we already created what they are trying to do!
"If they can DM you, they can pay you!"
"We actually had more demand than supply."
After moving tokenized securities into live trading, @The_DTCC's @nchakar says institutions were lining up to participate.
Super excited to partner with @ShinhanBankENG & @StanChart as investors and partners. So much to build together on @CantonNetwork
https://t.co/TVsTQG7Wir
INSIGHT: DTCC global head of digital assets, Nadine Chakar, says the math behind instant settlement doesn't add up yet
"We net at 98%. Four quadrillion dollars isn't enough money in the system intergalactically to be able to settle in real time gross settlement."
Canton Network has now burned 4.33 BILLION Canton Coin.
According to data from CantonScan, @CantonNetwork has now burned some 4.33 billion $CC since the network launched in mid-2024.
That's more than $500 million worth of Canton Coin burned in roughly two years.
Is this the most powerful burn system in all of crypto?