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via Cointelegraph · By Cointelegraph Staff
Visa Tests Private Stablecoin Settlement on Canton Network
CC
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$0.10831
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CS
Cointelegraph Staff(02:45 PM UTC)
1 min read
Visa is testing whether privacy-enabled blockchain networks can support institutional stablecoin settlement without exposing sensitive transaction data, in a proof of concept with stablecoin infrastructure company Brale and the Canton Network, a permissioned ledger backed by major Wall Street firms.
The project, announced Thursday, uses SBC, a US dollar-backed stablecoin issued by Brale, to…
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