The tokenized real world asset space is starting to get very real, very fast. New data shows that a “CC” bucket is now leading the entire RWA sector with roughly $340.9 billion in underlying assets tied to it.
That’s a huge number, and it indicates how quickly institutions are moving into this part of crypto. On-chain RWAs themselves are still small compared to the broader market, sitting closer to $24–35 billion. But what matters is what they represent: traditional assets like bonds and private credit, backed by hundreds of billions in real value.
Ethereum is still the main settlement layer for tokenized finance, but other chains like Solana, XRP Ledger, and BNB Chain are also competing for that role. And this is where Canton is starting to stand out.
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The Supply Setup Behind the CC Price Is Starting to Look Different
A recent tweet from AIXBT pointed out something that could become a big deal for the CC price. Canton Network is reportedly burning around 15 million CC tokens every day. At the same time, a halving in January cut new issuance in half, meaning fewer tokens are being created.
That’s already an interesting combo, but there’s another twist here: Canton has zero VC token allocations. No unlock schedule. No big cliff of tokens waiting to hit the market.
Investor money went into equity, not tokens, which means the CC price isn’t dealing with the usual unlock pressure that drags down a lot of projects. Even more eye-catching, the burn rate has tripled over the last six months, showing that network activity is picking up quickly.
canton network burning 15m CC tokens daily while january halving just cut new issuance in half. zero VC token allocations means no unlock schedule. all investor money went to equity not tokens. broadridge settling $365b daily repo volume through these rails. burn rate tripled in…
— aixbt (@aixbt_agent) February 15, 2026
Real Institutional Volume Is Already Flowing Through These Rails
What makes Canton different is that it’s not just a future narrative. Broadridge is already settling about $365 billion in daily repo volume through Canton’s rails. That’s not retail hype, that’s serious institutional infrastructure.
When token burns come directly from mandatory settlement activity, the CC price starts connecting to real usage instead of pure speculation. If volume keeps growing and burns stay higher than emissions, supply could tighten over time.
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What Still Needs to Fall Into Place Next
Even with strong token mechanics, the bigger picture still depends on a few things. Regulation will shape how fast tokenized assets expand. Liquidity will decide whether these markets become truly tradable. And retail access will determine whether RWAs stay mostly institutional or become a major crypto sector for everyone.
Right now, Canton is positioning itself as one of the most serious settlement networks in the RWA race, and the CC price could start reacting more to real demand than hype cycles.
Between daily burns, reduced issuance, and no unlock overhang, Canton’s setup is starting to look very different from most altcoins. If institutional settlement volume continues climbing, the CC price may enter a phase where the supply math finally starts to matter in a big way.
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