Tokenovate executes intraday repo trade on Canton Network settled in USDC
- —Tokenovate executed an intraday repo trade on Canton Network
- —Settlement was made in USDC from Circle in USDCx Reserve format
- —The FINOS Common Domain Model (CDM) was used
Why it matters: The case demonstrates the use of the Canton blockchain and USDC stablecoin in institutional post-trade operations.
Source: Finextra Crypto