According to Odaily Planet Daily, Digital Asset and several major Wall Street financial firms have completed the first real-time, fully on-chain financing of U.S. Treasury bonds against USDC on the Canton Network. The repo transaction was reportedly conducted on Tradeweb and settled on Saturday, circumventing the business-day limitations of traditional settlement systems. The transaction involved converting U.S. Treasury bonds held by the Depository Trust Company (DTCC) into tokenized assets on Canton, which were then used as collateral for USDC-backed financing. The Canton Network is a privacy-focused blockchain developed by Digital Asset. (CoinDesk)