USD1 is the sixth-largest stablecoin, with a market capitalization of more than $4 billion, according to industry data.
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
The stablecoin can be used as the cash leg for transactions including derivatives collateral, institutional lending, asset issuance and redemptions, according to a Tuesday announcement.
Native issuance allows USD1 to settle alongside tokenized assets in the same transaction while using Canton’s privacy and permissioning controls.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments