Canton Network Eyes USD1 Stablecoin Deployment to Expand Institutional Onchain Settlement
The Canton Network has announced World Liberty Financial’s intention to deploy its USD1 stablecoin on Canton, a move positioned as a step toward broader institutional adoption of regulated onchain settlement. The planned rollout is aimed at bringing USD1 into an interoperable environment designed for financial markets where privacy, compliance, and control are central requirements.
USD1 is being positioned as an institutional-grade digital dollar stablecoin, described as fully reserved and 1:1 redeemable, with backing that includes short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents. The company said USD1 has surpassed a $2 billion market capitalisation, underlining the speed at which dollars continues to scale.
By bringing USD1 onto Canton, WLFI is targeting regulated that want the programmability of blockchain infrastructure without moving sensitive trading and settlement activity into fully public environments. Canton’s design is intended to support institutional workflows through privacy-enabled settlement rails while maintaining interoperability across participants and asset types.
Stablecoin Use Cases Extend Beyond Payments Into Collateral and Capital Markets
WLFI and Canton framed the planned deployment around institutional use cases that go beyond retail payments, highlighting how stablecoins are increasingly being positioned as settlement assets inside capital markets. In this model, USD1 could support collateralisation for derivatives and institutional lending, enabling quicker movement of margin and collateral between counterparties.
The integration is also aimed at enabling with 24/7 settlement—an increasingly attractive proposition for global institutions operating across time zones and dealing with legacy cut-off times in correspondent banking and traditional settlement cycles. Other proposed use cases include onchain issuance, funding, and redemption of assets, and interoperable financing across institutions and markets.
Zak Folkman, Co-Founder and Chief Operating Officer of World Liberty Financial, said: “Institutions around the world, from sovereign entities to global asset managers, are looking for a trusted and purely digital U.S. dollar. Our intention to deploy USD1 on Canton will allow regulated institutions to transact securely and privately while leveraging the programmability and efficiency of blockchain technology. Canton’s institutional-grade infrastructure creates an ideal foundation for real-world digital dollar settlement.”
Canton Positions Privacy-First Architecture as an Institutional diverseiator
The Canton Network is built around a model designed for regulated markets, where institutions often require selective disclosure, permissioned access, and configurable controls over who can view and interact with transactions. Canton’s proponents argue that these privacy and governance features are essential for scaling tokenized finance beyond pilot programs into production-grade market infrastructure.
Melvis Langyintuo, Executive Director of the Canton Foundation, said: “WLFI’s move to bring USD1 to Canton highlights the growing demand for compliant, interoperable digital assets within institutional markets. Canton’s privacy-first architecture enables stablecoins like USD1 to power next-generation financial applications, from intraday repo to , without compromising regulatory requirements.”
For institutional players, the significance of the planned deployment lies in the combination of stablecoin settlement with a network architecture designed to support regulated workflows. If executed, the USD1 integration could strengthen Canton’s role as a hub for tokenized assets and stablecoin-based settlement, while giving WLFI a pathway to embed USD1 into higher-value institutional use cases where compliance, privacy, and interoperability are non-negotiable.
