Canton Network plans to deploy the WLFI stablecoin USD1 to promote institutional-level on-chain financial development

The privacy blockchain platform Canton Network announced plans to deploy the stablecoin USD1 from World Liberty Financial (WLFI) on-chain.

Melvis Langyintuo, Executive Director of the Canton Foundation, stated that WLFI's introduction of USD1 to Canton highlights the growing demand in the institutional market for compliant and interoperable digital assets. Canton’s privacy-first architecture enables stablecoins like USD1 to support next-generation financial applications, from intraday repurchase to digital bond settlement, while remaining compliant with regulatory requirements.