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Ripple Ends 'XRP Killer' Myth via Canton Network Support

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Published

Ripple Custody version 1.43 added support for the Canton Network, extending the platform for institutions that want to hold and transfer Canton Coin and eligible CIP-56 tokens. The update also covers on-premises and hybrid SaaS deployments, with validators run by customers or their node providers.

Key claims & sources

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Ripple Custody version 1.43 added Canton Network support for institutions using the platform.
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The updated version lets institutions hold and transfer Canton Coin and CIP-56 tokens in one place.
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Version 1.43 supports Canton Coin and eligible CIP-56 tokens in on-premises and hybrid SaaS setups.
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In those deployments, validators are operated by customers or their node providers.

What it means

Institutions using Ripple Custody are the immediate group affected, because the platform now includes Canton Network support in version 1.43. That means users handling Canton Coin and eligible CIP-56 tokens can work through the same custody platform instead of a separate setup.

In practice, version 1.43 changes which assets Ripple Custody can support and how it can be deployed. It covers on-premises and hybrid SaaS configurations, and the validator operation model remains with customers or their node providers.

What is still not clear from the available details is the scale of adoption or how many institutions will use the new support. The materials do not say when broader rollout begins beyond the version reference, and they do not describe any further changes to the platform beyond Canton support.

Market reaction i

CantonCC the event is about this asset
first headline
+0.1% 2 h before
-0.3% 4 h after
$0.1202price at publication
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Coverage timeline

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first
Oct 7 17:58
+16 min
Oct 7 18:14
Crypto Briefing context
Its angle: institutions, transfer, briefing

Has this happened before?

WhenWhat happenedFigure
30 days ago Ripple (XRP) Scores Another Major Wall Street Win With Brevan Howard event 1 actors in common · 16 news media
31 days ago The XRP Ledger is getting Ripple’s payments business — Effect on XRP? event 1 actors in common · 3 news media
34 days ago XRP Seoul Event : XRPL Eyes $30B in Tokenized Real-World Assets event 1 actors in common · 2 news media
34 days ago XRP Asia launches to push XRP Ledger adoption across the region event 1 actors in common · 3 news media
35 days ago Greywick and Litecoin Foundation Plan cLTC Launch on Canton Network event 1 actors in common · 4 news media

What could happen next i