| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Temple Digital Group | CC/USDA | $1.42M | 0.02% | TRADE | |
| Temple Digital Group | CBTC/USDA | $957.33K | 0.01% | TRADE | |
| Temple Digital Group | USDCX/USDA | $4.23K | 0.04% | TRADE |
Top 3 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
USDA 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.
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