A second round of onchain US Treasury financing was completed on the Canton Network by Digital Asset and financial institutions, introducing real-time collateral reuse and expanding stablecoin involvement. The trial involved multiple stablecoins financing positions against tokenized US Treasurys, showcasing real-time collateral reuse and widened liquidity. The effort included Bank of America, Citadel Securities, Cumberland DRW, and others, part of the Canton Network’s Industry Working Group. The Canton Network has been expanding its presence in the tokenization sector, securing $50 million in strategic backing and leading the market for tokenized real-world assets with over $370 billion represented onchain.

Read more at Cointelegraph: Canton Network Completes Second Onchain Treasury Financing Test