World Liberty Financial makes USD1 available on Canton Network
25 August 2026 US
Image: 3Dsss/stock.adobe.com
World Liberty Financial (WLFI), a DeFi protocol and cryptocurrency ecosystem, has made USD1 — its US dollar-pegged stablecoin issued by BitGo Bank & Trust — available on the Canton Network.
The stablecoin is natively issued on Canton and can be configured as a settlement option for institutions seeking to bring tokenised real-world assets (RWAs) onto the network.
WLFI says that USD1 can support collateralisation for derivatives and institutional lending, instant cross-border payments, 24/7 settlement, onchain asset issuance, funding, redemption, and cross-market, cross-institution financing.
The firm intends for its stablecoin to give Canton participants a dollar-equivalent leg that settles atomically alongside the asset in situations where an RWA — like sovereign debt — is subject to a slow settlement cycle.
Commenting on the initiative, Zak Folkman, co-founder and chief operating officer of WLFI, remarks: “Institutions have put trillions in US Treasuries and government debt onchain, but the dollar leg of settlements still runs on outdated infrastructure, creating a gap where the cost and the risk sit.
“Canton and native USD1 together allow real-world assets to access a dollar that settles alongside them with speed and privacy.”
Eric Saraniecki, co-founder and head of network strategy at Digital Asset, adds: “As more stablecoins become natively available on Canton, institutions gain greater flexibility in how they fund, settle, and move liquidity across applications and markets.”
The stablecoin is natively issued on Canton and can be configured as a settlement option for institutions seeking to bring tokenised real-world assets (RWAs) onto the network.
WLFI says that USD1 can support collateralisation for derivatives and institutional lending, instant cross-border payments, 24/7 settlement, onchain asset issuance, funding, redemption, and cross-market, cross-institution financing.
The firm intends for its stablecoin to give Canton participants a dollar-equivalent leg that settles atomically alongside the asset in situations where an RWA — like sovereign debt — is subject to a slow settlement cycle.
Commenting on the initiative, Zak Folkman, co-founder and chief operating officer of WLFI, remarks: “Institutions have put trillions in US Treasuries and government debt onchain, but the dollar leg of settlements still runs on outdated infrastructure, creating a gap where the cost and the risk sit.
“Canton and native USD1 together allow real-world assets to access a dollar that settles alongside them with speed and privacy.”
Eric Saraniecki, co-founder and head of network strategy at Digital Asset, adds: “As more stablecoins become natively available on Canton, institutions gain greater flexibility in how they fund, settle, and move liquidity across applications and markets.”
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