World Liberty Financial, a cryptocurrency venture founded by Donald Trump and his sons, announced plans to launch a stablecoin named USD1. Fully backed by U.S. treasuries, dollars, and other cash equivalents, the stablecoin aims to offer a digital dollar for secure cross-border transactions.

The Canton Network, developed by a consortium including Goldman Sachs and Microsoft, is enhancing interoperability and privacy for financial institutions using blockchain technology. By connecting disparate financial systems while adhering to regulatory requirements, the network aims to modernize post-trade processes in global markets.