Canton Network is a public layer-1 blockchain developed by Digital Asset that shares transaction data only with the parties involved. Its “network of networks” architecture allows institutions to issue, trade, and settle tokenized assets while preserving the confidentiality of their positions and client information. DTCC, LSEG, Franklin Templeton, Visa, HSBC, Citadel Securities, and several other financial institutions use or help develop the platform. Canton Coin (CC) is burned to pay network fees, while new tokens are minted to reward validators and application builders. The network recorded more than $155 million in fees in the third quarter of 2026, with circulating supply of just over 40 billion CC and daily burns running at roughly 80% of issuance.
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