To further facilitate the adoption and utility of the Global Synchronizer for the Canton Network, the organizations running the decentralized service voted to launch a native utility token called Canton Coin.
This digital token will be used from day one to pay for the use of the Global Synchronizer and can be minted by those who provide utility to the network.
Canton Coin incentivizes application builders, users, and infrastructure providers to use the Global Synchronizer, rewarding cross-application connections to unlock the value of synchronized finance.