World Liberty Financial issues the stablecoin USD1 natively on the Canton Network

World Liberty Financial announced that its USD stablecoin USD1 has been natively issued on the Canton Network, allowing institutions to use the stablecoin for settling transactions involving tokenized real-world assets (RWA). According to the announcement, USD1 can serve as the cash leg for transactions such as derivatives collateral, institutional lending, and asset issuance and redemption. The native issuance enables it to settle in sync with tokenized assets within the same transaction, while maintaining Canton’s privacy and permission control mechanisms.

According to DeFiLlama data, USD1 has a market capitalization of approximately $4.05 billion, making it the sixth-largest stablecoin, issued and managed by BitGo Bank & Trust for its reserves and minting redemption processes. USD1 was launched in March 2025, with reserves including short-term U.S. Treasury bills, government money market funds, and dollar deposits. World Liberty Financial is a crypto project supported by the Trump family, founded in 2024.

Canton is a public blockchain aimed at institutional finance, issuing or processing over $90 trillion in tokenized assets monthly, with over $350 billion in on-chain U.S. Treasuries flowing through its network daily. Zak Folkman, co-founder and COO of World Liberty Financial, stated that institutions have put trillions of dollars in U.S. Treasuries and government debt on-chain, but the dollar settlement still relies on outdated infrastructure. The combination of Canton and the native USD1 allows real-world assets to complete dollar settlements with greater speed and privacy.