What's new

  • Activity kept climbing: CBTC on-chain transactions rose roughly 54% month over month to 2.19M in June.

  • Supply grew to 36.29 BTC, still 1:1 backed and independently attested via Chainlink Proof of Reserve.

Why it matters

Canton is privacy-enabled, which means real usage is often not visible externally.

Aggregated CBTC activity is a useful proxy for measurable Canton utility today, throughput and on-chain activity on the Bitcoin liquidity that venues, wallets, and partners build on.

By the numbers (June 2026)

  • CBTC transactions: 2,188,952, up roughly 54% month over month

  • Peak daily unique users: 21,295 on 26 June, a new monthly high

  • Bitcoin backing: 36.29 BTC, fully verifiable on-chain and growing month over month (approx $2.12M at ~$58,500/BTC, as of 30 June 2026)

  • Minted vs redeemed (all-time): 40.37 BTC minted and 4.07 BTC redeemed, leaving 36.30 BTC in circulation, which matches the Chainlink Proof of Reserve feed exactly.Three new places to use CBTC on Canton

New places to use CBTC on Canton

  • EDX. CBTC's first centralized exchange listing is coming to EDX, the institution-only venue backed by Citadel Securities, Fidelity, and Charles Schwab, putting CBTC in front of major Wall Street trading desks.

  • Send-it. CBTC trading is coming to Send-it, with CantonWallet and PoolParty's DEX integrations signed and liquidity to follow.

The bottom line

This is how we connect BitSafe progress to Canton progress with proof, without exposing private counterparties. And the Bitcoin behind these numbers is secured differently from the wrapped BTC institutions already hold: CBTC's underlying Bitcoin sits in single-use Taproot lockboxes held under FROST threshold signatures across independent institutional attestors, settles on Canton, and is verified continuously by Chainlink Proof of Reserve, with Quantstamp-audited contracts and CIP-56 compliance.

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