source avatarCryptoFrog 🐸

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

People are still debating about whether the big banks will ever really use blockchain, and the crazy thing is Canton Network already has about $350 billion moving through it every single day. The reason it works comes down to privacy, which is the exact thing that kept these institutions off-chain for years. Canton is built on Daml smart contracts, so everyone involved in a trade only ever sees their own side of it and never the full thing, and that one detail is what finally made it usable for serious money. This goes to show it isn't institutions building a demo to look innovative. They're putting actual trades on Canton every day. Also, Mastercard recently announced via X that it's expanding settlement into stablecoins, and Canton is one of the networks it named to settle across, right alongside the likes of Ethereum, Solana, and XRPL. Super excited for the future of @CantonNetwork .

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.