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The transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes.
USD1 is the sixth-largest stablecoin, with a market capitalization of more than $4 billion, according to industry data.
The RISE program would use the Canton Network to combine and distribute state-administered benefits across three US states beginning in 2027.
The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains.
Key Insights World Liberty Financial expanded USD1 onto Canton Network on Aug. 25, targeting institutional set…
Data is for informational purposes only and is not financial advice.
