Wall Street Giants Launch 24/7 Treasury Financing Using USDC on Canton Network

Digital Asset, alongside a consortium of leading financial institutions, has completed the first real-time, on-chain repo trade involving U.S. Treasuries collateralized by USDC via the Canton Network. This breakthrough transaction achieved atomic settlement on a Saturday—eliminating traditional settlement delays and showcasing blockchain's ability to enable continuous liquidity.

Prime brokers tokenized DTCC-held Treasuries as collateral for USDC financing, with participation from Bank of America, Citadel, and Societe Generale—many of which supported Digital Asset's $135 million funding round in June.

This advancement accelerates the tokenization of real-world assets, as global banks pursue faster settlements and greater transparency. The Canton Network's privacy-centric design establishes it as a key infrastructure bridging institutional finance with programmable blockchain solutions.