World Liberty Financial Brings USD1 Stablecoin Natively to Canton Network

World Liberty Financial has launched its USD1 stablecoin directly on the Canton Network, enabling institutions to use it for settling transactions tied to tokenized real-world assets. The native integration allows USD1 to be used for derivatives collateral, institutional lending, and asset issuance, all while settling within the same transaction using Canton’s built-in privacy and permission controls.

USD1 Ranks Among Top Stablecoins

With a market capitalization of roughly $4.07 billion, USD1 currently holds the position of sixth largest stablecoin globally. It is issued by BitGo Bank and Trust, which manages the token’s reserves, and is backed by assets including short-term US Treasurys and government money market funds. The stablecoin was launched by World Liberty Financial, a crypto venture backed by the Trump family.

Canton Network Expands Institutional Footprint

Canton, built specifically for institutional finance use cases, reportedly processes more than $9 trillion in tokenized assets monthly, including over $350 billion in onchain US Treasurys daily. This latest integration follows another recent expansion involving a pilot program to distribute state benefits using Canton’s blockchain infrastructure, highlighting the network’s growing role in institutional and public sector applications.