Circle has taken on a significant new role in the Canton Network by becoming a Super Validator under CIP-0041, giving the company a fixed network weight that allows it to contribute to governance and help secure the Global Synchronizer. This move positions Circle as the primary dollar-based settlement layer across Canton applications, deepening its infrastructure presence in institutional blockchain finance. As part of this expansion, Circle introduced USDCx, a USDC-backed stablecoin designed specifically for institutional use. USDCx marks the first time a USDC-backed asset has been deployed…
Source:: Circle Joins Canton Network as Super Validator, Launches USDCx for Institutional Settlement