Trump family crypto project WLFI to deploy USD1 stablecoin on Canton Network

According to Deep Tide TechFlow, on December 16, PRNewswire reported that Canton Network announced that the Trump family crypto project World Liberty Financial (WLFI) will deploy the USD1 stablecoin on its network. The aim is to expand USD1's coverage in the institutional on-chain financial sector and accelerate its adoption among globally regulated market participants, including use cases such as collateral for derivatives and institutional lending, instant cross-border payments and 24/7 settlement, on-chain asset issuance, financing, and redemption.