USDa
USDA is a USD-denominated stablecoin issued on the Canton Network; the Canton Network is a Layer 1 blockchain designed for financial markets. Each USDA is fully backed at a: ratio by 1 than 1 in full. The token is issued by Brell and implements the Canton Token Standard (CIP—56), enabling composability across applications, wallets, and venues on the Canton Network from the date of issuance. The Canton Network provides sub-transaction privacy: only parties authorized to participate in a transaction can view its contents.USDA inherits this privacy model. Balances, counterparties, and transaction details are visible only to authorized participants, while retaining the ability to perform atomic settlement between independent applications. The asset is intended for institutional use cases that require both privacy and programmable cash settlement. These use cases include atomic settlement of tokenized real-world assets such as bonds, repurchase agreements, loans, and wrapped Bitcoin; delivery-versus-payment processes; cross-border B2B payments; payroll; and treasury management activities. Settlement operates around the clock across applications on the Canton Network.USDA tool ID：3574b536-cad1-4074-9b64-859398713ba0 Registrant/token manager participant: Participant-28dc4516-b5ca-44ff-86c7-2107e90a6807:: 1220b8301e18aa8a401d6e34e6c20f8b0243183c514373bca8f1b6b9270246341a9e Operator participant ID：auth0_007c6643538f2eadd3e573dd05b9:: 12205bcc106efa0eaa7f18dc491e5c6f5fb9b0cc68dc110ae66f4ed6467475d7c78e The Canton Network operates as a public-permissioned blockchain and includes a decentralized synchronization service called the Global Synchronizer. Its participants include financial market infrastructures, banks, asset managers, and trading firms worldwide.USDA as a cash settlement asset denominated in USD serves institutional applications operating on the Canton Network and involving capital markets, payments, and tokenized-asset workflows.
Overview
USDA is a USD-denominated stablecoin issued on the Canton Network; the Canton Network is a Layer 1 blockchain designed for financial markets. Each USDA is fully backed at a: ratio by 1 than 1 in full. The token is issued by Brell and implements the Canton Token Standard (CIP—56), enabling composability across applications, wallets, and venues on the Canton Network from the date of issuance. The Canton Network provides sub-transaction privacy: only parties authorized to participate in a transaction can view its contents.USDA inherits this privacy model. Balances, counterparties, and transaction details are visible only to authorized participants, while retaining the ability to perform atomic settlement between independent applications. The asset is intended for institutional use cases that require both privacy and programmable cash settlement. These use cases include atomic settlement of tokenized real-world assets such as bonds, repurchase agreements, loans, and wrapped Bitcoin; delivery-versus-payment processes; cross-border B2B payments; payroll; and treasury management activities. Settlement operates around the clock across applications on the Canton Network.USDA tool ID：3574b536-cad1-4074-9b64-859398713ba0 Registrant/token manager participant: Participant-28dc4516-b5ca-44ff-86c7-2107e90a6807:: 1220b8301e18aa8a401d6e34e6c20f8b0243183c514373bca8f1b6b9270246341a9e Operator participant ID：auth0_007c6643538f2eadd3e573dd05b9:: 12205bcc106efa0eaa7f18dc491e5c6f5fb9b0cc68dc110ae66f4ed6467475d7c78e The Canton Network operates as a public-permissioned blockchain and includes a decentralized synchronization service called the Global Synchronizer. Its participants include financial market infrastructures, banks, asset managers, and trading firms worldwide.USDA as a cash settlement asset denominated in USD serves institutional applications operating on the Canton Network and involving capital markets, payments, and tokenized-asset workflows.