Lloyds settled $750,000 in stablecoins through its node on Canton and sent them to Visa in less than an hour, including on weekends

Canton ($CC)

$CC, solana (+ethereum): DztFHfHpWFrtKvjT8iFNmqg7hnTfeiUBtaxCGBoYcmHT · DexScreener

This is a 7-day pilot, not a live launch: the bank showed that cross-border settlement outside banking hours, which usually takes a day or more, can be completed in an hour. For $CC, this is a reputational boost for the network, but the material shows no direct connection to the price: the token is around $0.125 on exchanges, while BME is currently inflationary (BMR around 62% for today).

Facts

CantonNetwork reported that in a 7-day pilot, Lloyds Bank settled $750,000 in stablecoins through its own node on Canton, and the funds reached Visa in less than an hour, including on weekends. Such cross-border settlement outside banking hours usually takes a day or more. [@CantonNetwork, September 30, 2026]
CantonBME bot at 04:00 UTC October 1: 930,468 CC minted in an hour, 666,365 CC burned, BMR 71.62%, inflationary mode. The 7-day average is 63.75%. [@CantonBME, October 1, 2026]
On Bybit spot, $CC trades around $0.12511, on OKX around $0.12514, on MEXC around $0.12516. These are exchange prices, not an average. [exchanges, October 1, 2026]

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