
Tokenovate completes intraday repo trade on Canton with USDC settlement
- —The Canton repo trade covered the full lifecycle: creation, collateral, events, and settlement
- —Settlement was executed in Circle's USDC through USDCx Reserve
- —Tokenovate joined the Canton Foundation as a general member
Why it matters: The case shows institutional repo trades settled in stablecoins are moving from pilots into real practice on private blockchains.
Source: Cryptonews.net