A mechanism in which CC coins are used as fees whenever major institutions such as Goldman Sachs and BNY Mellon tokenize government bonds to settle or conduct repo transactions on the Canton Network, with a significant portion of these coins being permanently burned. Brodridge currently processes an average of $350 billion (approximately 470 trillion KRW) in repo transactions daily through the Canton Network, and the amount of coins burned during this process has recently surged.
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