Key Highlights
- World Liberty Financial deploys USD1 stablecoin with native integration on Canton Network for institutional trading
- The stablecoin has reached $4.05 billion in market capitalization, ranking as the sixth-largest globally
- Financial institutions can utilize USD1 for collateral in derivatives, lending operations, asset tokenization, and international payments
- Canton handles more than $9 trillion in tokenized assets monthly, with daily movements of $350 billion in blockchain-based US Treasurys
- World Liberty Trust Company secured conditional charter approval from the OCC on August 14 but remains unable to commence operations
World Liberty Financial has deployed its USD1 stablecoin with native support on Canton Network, providing institutional players with a dollar-denominated settlement mechanism for tokenized real-world assets.
This deployment marks a shift from bridging USD1 from external blockchains to issuing it natively within Canton’s infrastructure. The change enables simultaneous settlement of both cash and asset components within a single transaction.
Canton’s Native Settlement Mechanism Explained
Canton’s infrastructure synchronizes both sides of a transaction, ensuring neither transfer finalizes independently. This architecture minimizes settlement risk when trading tokenized securities, bonds, or sovereign debt instruments.
Canton incorporates privacy features and permission-based controls, enabling institutions to select which counterparties access transaction information while maintaining compliance with regulatory frameworks.
According to the network’s data, monthly processing exceeds $9 trillion in tokenized assets. Daily throughput includes more than $350 billion in blockchain-based US Treasury instruments.
A practical demonstration occurred in July when Tradeweb facilitated Franklin Templeton’s transfer of a tokenized Treasury instrument to Virtu Financial in exchange for USDCx, with Canton coordinating both transfers simultaneously.
Financial institutions now have the option to substitute USD1 for alternatives like USDCx in the cash portion of such transactions.
USD1 Origins and Market Expansion
USD1 entered the market in March 2025. The stablecoin maintains backing through short-duration US Treasury securities, government-sponsored money market instruments, and cash reserves. BitGo Bank and Trust currently handles issuance and reserve custody.
Market capitalization has expanded from approximately $2 billion in December 2025, when World Liberty and Canton initially revealed their integration plans, to the current $4.05 billion valuation.
Early growth included a substantial $2 billion single transaction. In May 2025, Abu Dhabi’s government-backed investment entity MGX deployed USD1 to finalize its stake in Binance.
World Liberty CEO Zach Witkoff attributed the expansion to institutional appetite and rejected claims that the Trump family’s association with the organization influenced adoption. World Liberty Financial represents a Trump family-supported cryptocurrency initiative established in 2024.
The organization’s relationship with President Donald Trump and participation from a foreign government-backed investor have attracted attention from Democratic congressional members.
On August 14, the Office of the Comptroller of the Currency granted World Liberty Trust Company conditional authorization to establish a national trust bank. The entity must fulfill capital adequacy standards and additional prerequisites before launching operations.
Upon final approval, World Liberty Trust would assume USD1 issuance and reserve oversight from BitGo while offering digital asset custody services under federal regulation.
Canton is simultaneously pursuing public sector applications. Digital Asset and former House Speaker Paul Ryan’s American Idea Foundation intend to test a Canton-powered benefits distribution platform across three US states beginning in early 2027, subject to federal clearance.





