World Liberty Financial’s USD1 stablecoin has been launched natively on the Canton Network, enabling institutional participants to settle transactions involving tokenized real-world assets. The move allows USD1 to serve as the cash leg in derivatives collateral, institutional lending, asset issuance and redemptions, according to a Tuesday announcement.
The native issuance on Canton preserves the stablecoin’s privacy and permissioning controls while enabling simultaneous settlement alongside tokenized assets in the same transaction. USD1, issued by BitGo Bank & Trust, has a market capitalization of approximately $4.05 billion, ranking it as the sixth-largest stablecoin, DeFiLlama data shows. Reserves backing the token include short-term U.S. Treasurys, government money market funds and dollar deposits.
World Liberty Financial, a crypto venture backed by the Trump family and launched in 2024, debuted USD1 in March 2025. BitGo manages the stablecoin’s reserves and processes minting and redemption requests.
Canton, a public permissionless blockchain designed for institutional finance, reports processing and issuing over $9 trillion in tokenized assets monthly, with more than $350 billion in onchain U.S. Treasurys transacted daily. The integration follows last week’s announcement that Digital Asset and the American Idea Foundation, led by former U.S. House Speaker Paul Ryan, will pilot a Canton-based system for distributing state-administered benefits across three U.S. states starting in 2027.
