World Liberty Financial Launches USD1 Stablecoin Natively on Canton Network
World Liberty Financial has deployed its USD1 stablecoin natively on the Canton Network, enabling institutional clients to use the asset for settling transactions involving tokenized real-world assets. The stablecoin will serve as a cash leg for use cases including derivatives collateral, institutional lending, and asset issuance and redemptions, according to a Tuesday announcement. Native issuance allows USD1 to settle alongside tokenized assets within a single transaction while leveraging Canton's privacy and permissioning controls.
USD1, the sixth-largest stablecoin by market capitalization, currently holds approximately $4.05 billion in circulating supply, according to DeFiLlama data. The asset is issued by BitGo Bank & Trust, which also manages its reserves and handles minting and redemption operations. Backed by short-term US Treasurys, government money market funds, and dollar deposits, USD1 debuted in March 2025 as the flagship product of World Liberty Financial, a Trump family-backed crypto venture launched in 2024.
Canton Network, a public, permissionless blockchain purpose-built for institutional finance, processes and issues more than $9 trillion in tokenized assets monthly, with over $350 billion in onchain US Treasurys moving across the network each day. The USD1 integration follows another major Canton expansion announced last week, when Digital Asset and former US House Speaker Paul Ryan's American Idea Foundation unveiled plans to pilot a Canton-based system for distributing state-administered benefits across three US states beginning in 2027. The expansion underscores growing institutional momentum behind Canton's privacy-focused infrastructure as tokenized finance continues to scale.
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