World Liberty Financial's USD1 stablecoin now available on Canton Network for institutional use

USD1 stablecoin expands to Canton Network

World Liberty Financial has launched its USD1 stablecoin on the Canton Network. This move allows institutions to use USD1 to settle transactions involving tokenized real-world assets. A stablecoin is a type of cryptocurrency designed to keep a steady value, usually tied to a traditional currency like the US dollar.

The launch was announced on August 25, 2026. USD1 can now be used for transactions such as derivatives collateral, institutional lending, asset issuance, and redemptions on the Canton Network.

What this means for institutions

• USD1 is the sixth-largest stablecoin, with a market capitalization of about $4.05 billion.
• It is issued by BitGo Bank & Trust, which manages its reserves and handles mints and redemptions.
• The stablecoin is backed by reserves including short-term US Treasurys, government money market funds, and dollar deposits.

How USD1 works on Canton Network

Canton Network is a blockchain designed for institutional finance. It is public but permissionless, meaning institutions can control who accesses it. The network processes over $9 trillion in tokenized assets each month and handles more than $350 billion in onchain US Treasurys daily.

By launching natively on Canton, USD1 can settle transactions alongside tokenized assets in the same transaction. This uses Canton’s privacy and permissioning controls, which help institutions manage who can see and participate in transactions.

Background on World Liberty Financial and USD1

World Liberty Financial is a crypto venture backed by the Trump family. It launched in 2024. USD1 debuted in March 2025 and has grown to a market capitalization of over $4 billion.

What is confirmed

• USD1 is now available on Canton Network for institutional use.
• USD1 has a market capitalization of about $4.05 billion.
• USD1 is issued by BitGo Bank & Trust and backed by reserves including US Treasurys and dollar deposits.
• Canton Network processes over $9 trillion in tokenized assets monthly.

Why this matters for institutional finance

The launch allows institutions to use USD1 for settling transactions involving tokenized assets. This could make transactions faster and more efficient by using blockchain technology. The integration with Canton Network also provides privacy and permissioning controls, which are important for institutional finance.

Sources

• Cointelegraph