The US DTCC will launch a pilot program for putting government bonds on the blockchain via Canton Network.
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TL;DR
The US DTCC has SEC approval to pilot blockchain-based tokens for US Treasury securities on the Canton Network, starting in early 2026, with tokens representing ownership while assets stay on a centralized ledger.
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DTCCblockchainUS Treasury securitiesCanton NetworkSEC approval
According to Odaily Odaily, the U.S. Depository Trust and Clearing Corporation (DTCC) has received approval from the U.S. Securities and Exchange Commission (SEC) to conduct a limited pilot program on the Canton Network blockchain, converting its holdings of U.S. Treasury securities into blockchain tokens. During the pilot, the Treasury securities will remain on the DTCC's centralized ledger, with the tokens serving only as a representation of ownership. The initial trial is expected to begin in the first half of 2026.