This month in CBTC
September brought more ways to put CBTC to work on Canton Network, from lending rewards to new trading pairs. Alongside the month's recorded dashboard activity, here's what changed for CBTC holders and trading firms.
September by the numbers
CBTC supply at September 30: 40.5043 CBTC, derived from cumulative mints minus burns.
September transfer volume: 2,042.02 CBTC, down 15.5% from August’s 2,416.14 CBTC, comparing full calendar-month totals.
Recorded transactions: 7,774,329 during September 1–30, based on the dashboard export.
Transfer volume includes repeated movement of the same CBTC; it is not executed trading volume or unique capital. Derived CBTC supply is not an independent measurement of BTC reserves.
Where to use CBTC
Alpend announced CC rewards for CBTC suppliers on September 18, on top of lending earnings. The CBTC market also supports collateralized borrowing, subject to borrowing limits and available liquidity. Rewards announcement · Supported assets · Borrowing details.
Alpend remains in permissioned mainnet beta: connect with a whitelisted Loop wallet, and check deposit and borrow caps in the app. CC rewards vary with eligible supply; older positions must migrate to accrue Ascent II rewards. Access requirements · Reward eligibility.
Temple introduced CBTC/eXAU on September 8, giving traders a direct Bitcoin/gold market alongside its existing USDCx pairs. Check Temple's eligibility requirements before onboarding. Launch update · Explore Temple markets.
Nuxaris opened CBTC/CC swaps on September 27. Its service settles both assets in one Canton transaction and requires an invite code to register. Launch update · Explore Nuxaris.