USD1 Stablecoin Goes Live Natively on Canton
World Liberty Financial issues USD1 directly on the network as a settlement asset for tokenized real-world assets, so cash and asset can move in one transaction.
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World Liberty Financial issues USD1 directly on the network as a settlement asset for tokenized real-world assets, so cash and asset can move in one transaction.
CIP-0115 gives the bank up to 8 weight for milestones such as a production collateral trade, tokenized Treasury repo and deploying SG-FORGE's EURCV and USDCV on Canton.
Five approvals in September 2026 follow the same model: a maximum weight held in escrow and earned only as each firm delivers milestones on Canton.
Left Lane Capital led the Series A. HIFI, which converts US dollars into USDCx for Canton wallets, says it handles more than $7 billion a year in volume across 87 countries.
A proof of concept that ran from July converted a token modelled on a yen stablecoin into one modelled on a won stablecoin, with no dollar leg. Only test tokens moved, and real use waits on Korean law.
A seven-day live pilot moved cross-border settlement in under an hour, weekends included. Lloyds chose Canton for its privacy; Visa settled on a separate public chain.
The Musubi Project aims to settle yen against won in a single atomic step, starting with test tokens, instead of routing payments through the US dollar.
ION burns a Brale-issued stablecoin on one chain and mints it on another at one-to-one, without pools or bridges. Brale has not said what role Canton will play.
Circle's USDC-backed dollar on Canton is the most traded asset CantonCap tracks, with $6.8 million in a day across five venues.
Excellar's transparency page shows 97% of its dollar token on Canton across 2,905 holders, with reserves at 104% of supply, most of them not yet attested.
BitSafe describes BETH as institutional-grade ETH exposure with private positions, now tradable against USDCx on Canton.
