Brale-issued SBC powers US Treasury Financing on Canton

5 min read
Ben Milne | Brale
Don Marczewski | Brale
Zach Robins | Brale
Nick Seguin | Brale
Brale powers U.S. Treasury Repo on Canton

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.

Start building institutional workflows

If you are exploring stablecoins for financing, collateral, or repo workflows, please reach out to our team to discuss.

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Contributors

  • Ben Milne | Brale
    Ben Milne
    Founder & CEO
  • Don Marczewski | Brale
    Don Marczewski
    Head of Finance
  • Zach Robins | Brale
    Zach Robins
    Head of Legal
  • Nick Seguin | Brale
    Nick Seguin
    Head of Ecosystem

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