This is a big one for $USD1.
USD1 is now the first stablecoin to launch natively on Canton Network and if you donโt know Canton yet, you should.
Canton is purpose-built for institutional finance and already connects some of the biggest names in global markets: DTCC, Goldman Sachs, BNP Paribas, Broadridge, Tradeweb and many others with more than $9 trillion in tokenized assets issued or processed across the network.
This is where the convergence of traditional finance and blockchain is actually happening.
And thatโs what makes native USD1 so exciting.
As more Treasuries, securities, collateral and other real-world assets move onchain, those markets need a dollar that can move with them instantly, 24/7, with the privacy, compliance and settlement capabilities institutions require.
USD1 can now be that dollar on Canton.
Iโve said from day one that our goal isnโt simply to build another stablecoin. We want USD1 to become the dollar settlement layer for the next generation of global financial markets.
This is another major step toward that future. ๐บ๐ธ ๐ฆ โ๏ธ
USD1 โ @CantonNetwork.
The blockchain purpose-built for institutional finance. Privacy enabled. Leading global financial institutions at the table.
USD1 is now natively issued on Canton.
More coming this week. ๐ฆ โ๏ธ
https://t.co/5yhkfRcsdP