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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank’s Daniel Ghali sees stronger gold demand and higher copper prices in 2027
Full Statement from Nvidia Regarding Jensen Huang's Resignation and Leadership Team Restructuring
On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.
Crypto prices
More
