A BLOCKCHAIN WITH $475,000 LOCKED IS OUT-EARNING ETHEREUM. BY A MILE.
🇺🇸 Canton has almost no TVL. Yet it booked $65,000,000 in fees last month. More than Tron. More than Ethereum.
How?
It isn't running retail DeFi. It's running Wall Street's back office.
Broadridge settles roughly $400 billion in daily repo on it. JPMorgan is bringing JPM Coin native. DTCC is tokenizing US Treasuries on it.
TVL measures crypto speculation. Canton measures institutional volume.
That's why it's on my watchlist as a blue chip for the next cycle.
55 institutions, including Visa, DTCC, Nasdaq, Chainlink, and Circle, governing Canton's shared coordination layer without sharing underlying transaction data.
@BSCNews' @CryptoRich74 details how the Super Validator structure works, who's in it, and why it matters.
LATEST: 💰 Canton Network developer Digital Asset Holdings is raising roughly $300 million at a $2 billion valuation, led by a16z crypto, according to Bloomberg.
Visa has joined Canton as a Super Validator.
If you missed the announcement from @BlockworksDAS, watch @rubail and @wesarn_real discuss what this enables for payments and capital markets.
🚨 CRYPTO: VISA BECOMES FIRST MAJOR PAYMENTS COMPANY TO JOIN CANTON NETWORK AS SUPER VALIDATOR
@Visa will be one of 40 Super Validators on the institutional blockchain, helping banks bring stablecoin payments and settlement on-chain while preserving privacy.
@CantonNetwork is already used by Goldman Sachs, BNP Paribas, Deutsche Börse, and BNY Mellon, handling over 700,000 daily transactions and $9 trillion in monthly volume.
Visa says many banks see lack of privacy as a dealbreaker for moving meaningful activity on-chain. Its role on Canton brings "Visa-grade trust, governance, and operational rigor" to privacy-preserving blockchain infrastructure for regulated institutions.