USD1 launches natively on Canton for institutional RWA settlement

World Liberty Financial launched USD1 natively on the Canton Network. The launch allows institutions to settle transactions involving tokenized real-world assets with USD1. USD1 can serve as the cash leg for derivatives collateral. It can also support institutional lending, asset issuance and redemptions. Native issuance allows USD1 to settle alongside tokenized assets in the same transaction. The integration uses Canton's privacy and permissioning controls. DeFiLlama data puts USD1's market capitalization at about $4.05 billion. The data ranks USD1 as the sixth-largest stablecoin. BitGo Bank & Trust issues USD1. BitGo manages its reserves and processes mints and redemptions, according to World Liberty Financial. World Liberty Financial is a Trump family-backed crypto venture launched in 2024. USD1 debuted in March 2025. The company says USD1 is backed by short-term US Treasurys, government money market funds and dollar deposits. Canton is a public, permissionless blockchain designed for institutional finance. Canton says it processes and issues more than $9 trillion in tokenized assets each month. Canton says more than $350 billion in onchain US Treasurys moves across the network daily. The integration came after Digital Asset and former US House Speaker Paul Ryan's American Idea Foundation announced plans last week for a Canton-based system. The system would distribute state-administered benefits across three US states beginning in 2027.