




Stablecoins and tokenized financing are becoming functional infrastructure for capital markets.
We're pleased to share that Brale participated in live, onchain U.S. Treasury financing transactions on the Canton Network, in collaboration with a working group that includes Digital Asset, Bank of America, Circle, Citadel Securities, Cumberland DRW, Societe Generale, Tradeweb, Hidden Road, M1X Global, and Virtu Financial. In these coordinated trades, Brale-issued stablecoin SBC was used as one of the core funding legs for tokenized U.S. Treasury repos.
The repo market moves onchain
The repo market is one of the primary engines of global finance. It underpins liquidity, regulatory capital, and short-term funding across broker dealers, asset managers, banks, and trading firms. Today these flows operate through legacy intermediaries, manual processes, and tight settlement windows.
The Canton transactions show what happens when this market moves onchain. U.S. Treasuries become programmable. Collateral becomes portable. Settlement becomes synchronized. Liquidity becomes continuous. This is a structural shift, not an efficiency tweak.
What these transactions demonstrate
Importantly, these recent transactions demonstrate the following:
Expanded onchain liquidity
Multiple stablecoins scale onchain funding available for financing
Growing institutional interest
Working group expands with more institutional participation
Real-time collateral reuse
Tokenized treasuries rehypothecated across counterparties instantly for the first time
Efficiencies without added risk
Gained without abandoning the safety of established regulations
Brale provides the regulated stablecoin infrastructure that lets institutions mint and use digital dollars in the environments where they trade. The Canton financing transactions validate Brale-issued stablecoins' (including SBC) readiness for regulated institutional workflows, and showcase that Canton's privacy-preserving, synchronized, onchain infrastructure can support real world, multi-party transactions in one of the most systemically important markets.
Looking ahead
Onchain financing brings transparency, efficiency, and liquidity to a market that has operated on legacy systems for decades. The combination of tokenized Treasuries, shared settlement networks, and regulated stablecoins creates a cleaner and more resilient foundation for capital markets. These transactions are important steps toward a future where collateral and cash move the way they should.
We're excited to keep building toward that future, with SBC and our stablecoin infrastructure helping connect traditional capital markets to programmable, always-on finance.
Stablecoins are for everyone, including financial institutions and capital markets.
If you are exploring stablecoins for financing, collateral, or repo workflows, please reach out to our team to discuss.
Contributors

Don MarczewskiHead of Finance













