Canton Network Launches Proof of Transfer API for Privacy-Enabled Asset Verification
- —API lets users check a transfer's status: successful, pending, failed or in error
- —Bybit integrated the API for USDCx transfers between exchanges and wallets
- —DA Registry adopted the tool natively for all assets issued on its platform
- —Canton uses selective disclosure rather than a fully public ledger
Why it matters: The tool removes a key barrier to listing privacy-enabled assets on exchanges and reduces dispute risk between counterparties.
Source: Crypto Economy