Canton quietly rolled out its own version of ERC-20 and it makes a lot more sense for where institutional crypto is heading.

CIP-56 is the token standard on @CantonNetwork, but it’s built for real assets, not public free for all ledgers.
Balances and transfers stay private, compliance is built directly into how tokens move.
That matters when i comes to treasuries or tokenized securities, not just stablecoins and DeFi tokens.
Standards like this are what actually make tokenized assets usable across wallets, custodians, and apps without everything breaking.
It’s another sign Canton is building for real capital markets, not just crypto natives.