ClearToken Offers Regulated Stablecoin FX, Tokenised Settlement
ClearToken has partnered with the Canton Network to deploy three Daml-based Digital Asset Platforms—CT Register, CT Pay, and CT Settle—to provide institutional-grade settlement infrastructure. This initiative aims to bridge the gap between regulated financial market infrastructure and the rapidly growing $315 billion stablecoin market. By leveraging ClearToken’s UK FCA-authorised status and Canton’s privacy-enabled blockchain architecture, the platforms facilitate atomic Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) settlement. The infrastructure supports a diverse range of assets, including fiat, tokenised deposits, stablecoins, and cryptocurrencies. This development is significant as it addresses the lack of post-trade infrastructure for stablecoin FX, which currently lacks the equivalent of traditional market settlement standards. ClearToken is also pursuing Bank of England authorisation for its fourth service, CT Clear, to further reduce counterparty risk. This integration allows institutions to perform end-to-end tokenized asset lifecycle management within a single regulated environment.
- ClearToken deployed CT Register, CT Pay, and CT Settle on the Canton Network.
- The platform enables atomic PvP and DvP settlement for stablecoins and tokenized cash.
- ClearToken operates under UK FCA authorisation with pending Bank of England clearing approval.
- The infrastructure targets the $315 billion stablecoin market and global FX settlement needs.
ClearToken is a digital financial market infrastructure provider building a vertically integrated stack for tokenized assets. It focuses on providing regulated clearing, settlement, and payment services to bridge traditional finance with blockchain-based digital assets. The Canton Network is an institutional-grade, privacy-enabled blockchain ecosystem designed for interoperability between regulated financial institutions.