---
title: Treasuries Go 24-7 as Repo Trade Hits Blockchain on a Saturday
description: The on-chain transaction bridges the traditional asset class with crypto, which operates around the clock.
---

[Canton Network News ](https://www.canton.network/news)

# [Treasuries Go 24-7 as Repo Trade Hits Blockchain on a Saturday](https://www.canton.network/news/treasuries-go-24-7-as-repo-trade-hits-blockchain-on-a-saturday)

 Written by [Canton](https://www.canton.network/news/author/canton) | Aug 12, 2025 4:00:00 AM

# Treasuries held at a DTCC subsidiary were turned into digital tokens and used as collateral to borrow USDC, a dollar-backed stablecoin issued by Circle.

 

In a twist on Wall Street’s traditional market plumbing, some of the biggest names in finance used a crypto blockchain to trade US Treasuries for digital dollars — on a Saturday. The deal, carried out on the [Canton Network](https://www.bloomberg.com/news/articles/2023-05-09/goldman-microsoft-cboe-and-others-to-launch-blockchain-network) through [Tradeweb](https://www.bloomberg.com/quote/0285235Z:US), hints at a future where trading is no longer confined to the standard business week.

Canton, a public blockchain developed by [Digital Asset Holdings](https://www.bloomberg.com/quote/1326074D:US), was used as the rails of the transaction, allowing a standard US Treasury repurchase agreement, or repo trade, to happen outside of normal market hours. The on-chain transaction bridges the traditional asset class with crypto, which operates around the clock.

 

 

[View full post](https://www.canton.network/news/treasuries-go-24-7-as-repo-trade-hits-blockchain-on-a-saturday)

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