Canton Network vs Ripple: Two Paths to Tokenization

Sat, 03 Oct 2026 16:30:17 +0000

Canton Network and Ripple’s XRP Ledger are both showing up in the same institutional headlines this month, but they’re being used for different jobs. Canton is being wired in as an actual settlement rail — it’s already clearing roughly $9 trillion a month in tokenized activity — while the XRP Ledger’s newest flagship deal, a $4 trillion Brazilian depository, is using it only to mirror records that still settle the old-fashioned way. That distinction, more than either network’s headline number, is the real story in a week stacked with announcements from the Depository Trust & Clearing Corporation (DTCC), the European Central Bank (ECB), Chainlink, and Quant.

Canton Network on Digital Asset Radar

Canton Network vs Ripple: Two Paths to Tokenization