Digital Asset, in collaboration with a consortium of leading financial institutions, announced the successful completion of a groundbreaking transaction on the Canton Network. This marked a first in enabling real-time, fully on-chain financing of U.S. Treasuries (UST) against USDC.
The transaction was executed on Tradeweb, demonstrating the platform's capability to facilitate innovative digital asset solutions. This achievement provides near-instant, atomic settlement on a public blockchain, operating outside of traditional market hours and even on weekends.
This operational milestone highlights Tradeweb's role in modernizing market structure and leveraging emerging technologies like distributed ledger technology. The ability to offer 24/7 trading and instant settlement for U.S. Treasuries represents a significant advancement in capital efficiency for institutional clients.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.