BitSafe Says Its BETH Token Is Live on Temple, With BETH-USDCx Trading on Canton Network
BitSafe describes BETH as institutional-grade ETH exposure with private positions, now tradable against USDCx on Canton.
Loading…
BitSafe describes BETH as institutional-grade ETH exposure with private positions, now tradable against USDCx on Canton.
The total return swap references the iBoxx USD Liquid Investment Grade Index, which Kaiko tokenized on Canton, and marks the launch of Derivnex's derivatives lifecycle platform.
Every payment a user receives would land in a private Canton wallet, and HANDL burns at twice the fees collected are due to begin. Both are the company's plans, not yet launched.
Wallets and exchanges can expose a Transfer Object that users check in a compatible explorer, showing whether a transfer succeeded without revealing its confidential details.
The pilot would combine state safety-net benefits into programmable payments on Canton, starting in three unnamed states in early 2027, subject to federal approvals.
Holders can create Canton accounts and send and receive Canton assets with keys secured in Ledger hardware; institutions get a multi-validator integration.
CIP-0112 extends the CIP-0056 token standard with privacy-enhanced batch settlement, accounts for custodians, mint and burn settlement for funds and stablecoins, and a paused flag.
