USDT on Canton, backed one for one.

Lock USDT on Ethereum, receive the same amount of cUSDT to your Canton party, redeem whenever you want.

Request access How it works

Bring USDT to Canton

1 USDT issues 1 cUSDT
USDTon Ethereum
You receive
25,000.00
cUSDTon Canton

The party ID of the wallet that receives the cUSDT.

Canton's own fees apply. The bridge fee schedule will be published with the docs.

Three steps, in the order money moves.

Nothing is issued before the lock is final, and nothing is released before the return is.

  1. Lock

    Your USDT goes into the bridge contract on Ethereum and stays there for as long as the cUSDT exists.

    Nothing is issued before the deposit is final.

  2. Verify

    The bridge confirms the deposit and sends a signed attestation to Canton.

    An attestation that does not match the deposit is rejected.

  3. Issue

    The same amount of cUSDT is issued to your Canton party, as a CIP-56 token.

    Issued equals locked, to the unit.

One USDT behind every cUSDT.

No fractions, no exceptions. The supply of cUSDT never exceeds the USDT held in the bridge contract.

Held on Ethereum
1 USDT
Issued on Canton
1 cUSDT
Held by contract
The USDT sits in a contract on Ethereum, not on a desk. Nothing takes ownership of it while the cUSDT exists.
Public
The locked balance on Ethereum is public. Anyone can check it against the cUSDT in circulation.
Redeemable
Send the cUSDT back and the same amount of USDT is released to your Ethereum address, whenever you choose.

List cUSDT in your application.

Documentation, the CIP-56 interface and a test environment, on request.

Read the docs Request access

Questions a desk asks first.

Something else? Write to us.

cUSDT is USDT on Canton. Each cUSDT is issued against one USDT locked on Ethereum, and can be returned for that USDT at any time.

One USDT, held in the bridge contract on Ethereum. There is no fractional reserve: the supply of cUSDT never exceeds the USDT held.

Lock USDT on Ethereum and the same amount of cUSDT is issued to your Canton party. Send the cUSDT back and the USDT is released to your Ethereum address.

No. USDT is issued by Tether. cUSDT is a representation of USDT on Canton, issued by Canton Bridge and backed one for one by the USDT it holds.

Canton Bridge builds and operates the bridge, the lock contract on Ethereum and the issuance on Canton.

Canton's own transaction fees apply. The bridge fee schedule, on the way in and on the way out, will be published with the docs.

In any Canton application that supports CIP-56 tokens: wallets, venues, lending and settlement. Confirmed integrations are listed as they go live.

Any Canton wallet that holds CIP-56 tokens. The list of confirmed wallets will be published with the docs.

Request access.

Tell us who you are and what you want to do with cUSDT. We answer by email.