US Treasuries trade on Saturday as banks join Canton blockchain settlement test

US Treasuries trade on Saturday as banks join Canton blockchain settlement test

Digital Asset and a consortium of major financial institutions have completed an on-chain U.S. Treasury repo transaction on the Canton Network, involving USDC as the cash leg and tokenized Treasuries as collateral. The trade, executed on Tradeweb during the weekend, is being positioned as an industry first for enabling atomic settlement of both legs entirely […]

US Treasuries trade on Saturday as banks join Canton blockchain settlement test Read More »