USD1 Stablecoin Moves Closer to Institutional Finance
World Liberty Financial plans to deploy its USD1 stablecoin on the Canton Network, a privacy-enabled blockchain purpose-built for regulated financial markets. The move is designed to expand USD1’s role in institutional onchain finance, enabling compliant settlement, interoperable payments, and new use cases such as collateralization and onchain asset issuance.
USD1, which has surpassed $2 billion in market capitalization, is fully reserved and backed by short-term U.S. government treasuries, U.S. dollar deposits, and cash equivalents. By bringing the stablecoin to Canton, World Liberty Financial aims to offer regulated institutions a trusted digital dollar that combines blockchain efficiency with privacy and regulatory controls.
The planned deployment highlights a broader shift as stablecoins move beyond crypto-native markets and into mainstream financial infrastructure, where institutions are increasingly seeking compliant, blockchain-based settlement solutions.
