Ripple Ends 'XRP Killer' Myth via Canton Network Support

Ripple ends the "XRP Killer" narrative by integrating Canton Network to secure Wall Street's RWA pipeline.

Gamza Khanzadaev · 7 Oct 2026 · 5 min read

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Ripple Ends ‘XRP Killer’ Myth via Canton Network Support

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By
Gamza Khanzadaev

Wed, 7/10/2026 – 17:58

Ripple ends the “XRP Killer” narrative by integrating Canton Network to secure Wall Street’s RWA pipeline.

Ripple Ends 'XRP Killer' Myth via Canton Network Support

Cover image via depositphotos.com

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Ripple has released an update to its institutional platform, Ripple Custody version 1.43, adding support for the Canton Network. The release allows banks and funds to custody the native Canton Coin (CC) and CIP-56 tokens within a single secure environment, marking a major strategic move by the company to dominate the Wall Street tokenization market.

Tokenization giants choose market division over all-out rivalry

The main problem with blockchain on Wall Street has been excessive transparency: banks cannot disclose their balances and transaction details to competitors. Canton Network, developed by Digital Asset, addresses this issue at the protocol level — in multi-party transactions, each participant sees only their own data.

The Ripple Custody 1.43 update gives institutions a familiar control panel for this private environment, from isolated key storage to pre-approvals and two-step transfers.

The scale of the integration is far removed from retail speculation. Canton’s industrial base is already used by Goldman Sachs, BNP Paribas, and BNY Mellon. Broadridge’s platform processes multibillion-dollar repo transactions through it every day, while clearing giant DTCC tokenizes U.S. Treasuries on these rails. The CIP-56 standard allows such settlements to be conducted on a delivery-versus-payment basis, atomically and without vulnerable cross-chain bridges.