USDA
USDA #1154Project Safety Score: 57%
Updated 27 minutes agoUSDA is a USD-denominated stablecoin issued on Canton Network, a Layer 1 blockchain designed for financial markets. Each USDA is backed 1:1.
The token is issued by Brale and implements the Canton Token Standard (CIP-56), making it composable across applications, wallets, and venues on Canton from day one. Canton Network provides sub-transaction privacy: only the parties entitled to a given transaction can see its contents. USDA inherits this privacy model. Balances, counterparties, and transaction details are visible only to authorized participants, while atomic settlement is preserved across independent applications.
The asset is designed for institutional use cases that require both privacy and programmable cash settlement. These include atomic settlement of tokenized real-world assets such as bonds, repos, loans, and wrapped Bitcoin; delivery-versus-payment workflows; cross-border B2B payments; payroll; and treasury operations. Settlement runs around the clock, across applications on Canton.
USDA instrument ID: 3574b536-cad1-4074-9b64-859398713ba0
Registrar / Token Admin Party: party-28dc4516-b5ca-44ff-86c7-2107e90a6807::1220b8301e18aa8a401d6e34e6c20f8b0243183c514373bca8f1b6b9270246341a9e
Operator Party ID: auth0_007c6643538f2eadd3e573dd05b9::12205bcc106efa0eaa7f18dc491e5c6f5fb9b0cc68dc110ae66f4ed6467475d7c78e
Canton Network operates as a public-permissioned blockchain with a decentralized synchronization service called the Global Synchronizer. The network's participants span global financial market infrastructures, banks, asset managers, and trading firms. USDA serves as a USD-denominated cash settlement asset for institutional applications operating across capital markets, payments, and tokenized asset workflows on Canton.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.